[Solved] 19. *A $1000 bond with a coupon rate of 1

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19. *A $1000 bond with a coupon rate of 10%, interest paid semiannually, matures in eight years and sells for $1120. What is the yield

19. *A $1000 bond with a coupon rate of 10%, interest paid semiannually, matures in eight years and sells for $1120. What is the yield to maturity? A) 10.8% B) 11.0% C) 7.9% D) 7.6%

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