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The bonds issued by Marble Designs bear a 5.5 percent coupon, payable semiannually. The bonds mature in 11 years and have a $1,000 face value.

The bonds issued by Marble Designs bear a 5.5 percent coupon, payable semiannually. The bonds mature in 11 years and have a $1,000 face value. Currently, the bonds sell for $1080. What is the yield to maturity? 2.28% 4.58% 4.57% 4. 56%

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