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16. A government bond issued in Germany has a coupon rate of 5%, face value of euros 100 and maturing in five years. The interest

16. A government bond issued in Germany has a coupon rate of 5%, face value of euros 100 and maturing in five years. The interest payments are made annually. Calculate the yield to maturity (rate of return) of the bond if the price of the bond is 106 euros. A. 5.00% B. 3.80% C. 3.66% D. none of the above

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