Question: A $3,000 bond with a 3% coupon compounded semi-annually is currently priced to yield 9% with 17 years remaining to maturity. What is the yield

A $3,000 bond with a 3% coupon compounded semi-annually is currently priced to yield 9% with 17 years remaining to maturity. What is the yield to maturity six years from now if the bond price rises $150 at that time? 0.00 % Round to two decimal places.

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