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Question 2 of 5 A bond with a $1,400 face value and 13 years remaining until maturity pays a coupon rate of 6.5% compounded semi-annually.

Question 2 of 5 A bond with a $1,400 face value and 13 years remaining until maturity pays a coupon rate of 6.5% compounded semi-annually. Calculate the yield to maturity if the bond is priced at $1,190. 0.00 % Round to two decimal places

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