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17. What is the yield to maturity (APR) of a bond with the following characteristics? Coupon rate: 8% with semi-annual payments Current price: P960 Maturity:

17. What is the yield to maturity (APR) of a bond with the following characteristics? Coupon rate: 8% with semi-annual payments Current price: P960 Maturity: three years until maturity. A. 4.78% B. 5.48% C. 9.57% D. 12.17%

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