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( Related to Checkpoint 9 . 2 ) ( Yield to maturity ) The market price is $ 1 , 2 0 0 for a

(Related to Checkpoint 9.2)(Yield to maturity) The market price is $1,200 for a 19-year bond ( $1,000 par value) that pays 12 percent annual interest, but makes interest payments on a semiannual basis (6 percent semiannually). What is the bond's yield to maturity?
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