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2. A firm issues a 20 year bond that will make quarterly payments. The coupon rate is 8%, and the face value is 1000. The

2. A firm issues a 20 year bond that will make quarterly payments. The coupon rate is 8%, and the face value is 1000. The market price is $938. What is the YTM? 8.7% 2.16% 8% 8.64%

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