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The Fishing Pier has 6.90 percent, semi-annual bonds outstanding that mature in 12 years. The bonds have a face value of $1,000 and a market

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The Fishing Pier has 6.90 percent, semi-annual bonds outstanding that mature in 12 years. The bonds have a face value of $1,000 and a market value of $1,077. What is the yield to maturity? Multiple Choice 0 5.71 percent 5.76 percent O 5.92 percent 5.99 percent

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