A 61 coupon bearing bond pays interest semi-annually and, Finance Basics

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A 61 coupon bearing bond pays interest semi-annually and

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.

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Finance Basics: A 61 coupon bearing bond pays interest semi-annually and

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