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4. Which of the following bonds has the highest yield to maturity? Please explain your answer. A. $5,000 face value 1.95% coupon bond selling for
4. Which of the following bonds has the highest yield to maturity? Please explain your answer.
A. $5,000 face value 1.95% coupon bond selling for $5,100
B. $1,000 face value 3% coupon bond selling for $9,998
C. $10,000 face value 2% coupon bond selling for $10,000
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