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21 to 4 points A 5-year semi-annual bond has a face value of $1000, an annual coupon rate of 6% and is selling at 91.548%
21 to 4 points A 5-year semi-annual bond has a face value of $1000, an annual coupon rate of 6% and is selling at 91.548% of its face value. The YTM (i.e., the BEY) is 7.210% None of the above 8.089% 14.430% 4.044%
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