Question: A $3,000 bond with a 3.5% coupon compounded semi-annually is currently priced to yield 8% with 18 years remaining to maturity. What is the yield

A $3,000 bond with a 3.5% coupon compounded semi-annually is currently priced to yield 8% with 18 years remaining to maturity. What is the yield to maturity five years from now if the bond price rises $175 at that time? % Round to two decimal places

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