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The 6.75% semi-annual coupon bonds for Hydrangea, Inc. are currently quoted in the newspaper at a price of 101.25. The bonds mature in eight years.

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The 6.75% semi-annual coupon bonds for Hydrangea, Inc. are currently quoted in the newspaper at a price of 101.25. The bonds mature in eight years. The par value is $1,000. What is the yield to maturity on these bonds? 6.55% 5.04% 6.25% 5.49% 6.03%

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