Susan Wilson is looking to invest in a three-year bond that
makes semi-annual coupon payments at a rate of 5.875 percent. If
these bonds have a market price of $987.65, what yield to maturity
can she expect to earn? (Round intermediate
calculations to 5 decimal places, e.g. 1.25145 and final answer to
2 decimal places, e.g. 15.25%.)
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