What is the? bond yield to? maturity

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The? bond's yield to maturity is nothing?%. ? (Round to two decimal? places.) The market price is ?$900 for a 20?-year bond ?($1,000 par? value) that pays 11 percent annual? interest, but makes interest payments on a semiannual basis ?(5.5 percent?semiannually). What is the? bond's yield to? maturity?

Reference no: EM132951388

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