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1. A $1000, 8%, 15 year bond with semi annual payments is selling at $1250 . How much is its YTM? A. 5.51% B. 2.76%

A $1000, 8%, 15 year bond with semi annual payments is selling at $1250. How much is its YTM?

A. 5.51%

B. 2.76%

C. 8%

D. 5.53%

E. None of the above/below

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