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#17 You purchased a 14-year, $1,000 bond with a 4.6% semi-annual coupon three years ago at a price of $1,015. Today you sold the bond

#17 You purchased a 14-year, $1,000 bond with a 4.6% semi-annual coupon three years ago at a price of $1,015. Today you sold the bond at a price of $1,111. What was the yield to maturity when you sold the bond?

A. 3.84%

B. 3.38%

C. 4.45%

D. 5.33%

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