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The following bond quote from FINRA is for a Wal-Mart bond with 26 years remaining to maturity (assume this bond pays semi-annual coupons).
Company (Ticker): Wal-Mart Stores, Inc (WMT)
Coupon: 5.250
Maturity: May 12, 2046
Last Price: 106.432
What is the yield-to-maturity on this bond?
Group of answer choices
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