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XYZ Corp has issued bonds that have a 6% coupon payable semiannually. The bonds mature in 7 years, have a face value of $1,000, and

XYZ Corp has issued bonds that have a 6% coupon payable semiannually. The bonds mature in 7 years, have a face value of $1,000, and are currently priced at $1,035. What is the yield to maturity?

3.18%

5.39%

2.70%

6.35%

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