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# Alice trang is planning to buy a six-year bond that pays a coupon of 10 percent semiannually. given the current price of $878.21, what is the yield to maturity on these bonds? (round to the closest an

Alice trang is planning to buy a six-year bond that pays a coupon of 10 percent semiannually. given the current price of $878.21, what is the yield to maturity on these bonds? (round to the closest answer.)