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26. Refer to question 25, What is the YTM of the bond? Select one: a. It is the market/effective interest rate of the bond. b.

26. Refer to question 25, What is the YTM of the bond?

Select one:

a. It is the market/effective interest rate of the bond.

b. It is the stated interest divided by the current price of the bond.

c. It is the coupon/stated interest rate.

d. none of the above.

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