Question: Arceneaux's Accordians has $1,000 face value bonds with a coupon of 5.5 percent and pay interest semiannually. Currently, the bonds are quoted at 98.02 and

Arceneaux's Accordians has $1,000 face value bonds with a coupon of 5.5 percent and pay interest semiannually. Currently, the bonds are quoted at 98.02 and mature in 12 years. What is the yield to maturity

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