what is their yield to maturity
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Adams Enterprises bonds currently sell for $1,119.51. They have a 12-year maturity. Coupon rate of 7.25 percent, pays coupons semiannually and per value of $1,000. What is their yield to maturity?
a. 5.85%
b. 6.03%
c. 6.17%
d. 6.26%
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