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The Petit Chef Co. has a 6% coupon bonds with 5 years left to maturity. The bonds make semi-annual payments and has a par value

The Petit Chef Co. has a 6% coupon bonds with 5 years left to maturity. The bonds make semi-annual payments and has a par value of $2,000. If the bonds sell for $2,200, what is the yield-to-maturity? Show all work

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