Find the yield to maturity of the bond in given problem

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Question: A 6.1% coupon bearing bond pays interest semi-annually and has a maturity of 5 years. If the current price of the bond is $1,140.56, what is the yield to maturity of this bond? (Answer to the nearest hundredth of a percent, e.g. 12.34%) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131928661

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