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5. A $1,000 bond with a coupon rate of 10% interest paid semiannually, matures in eight years and sells for $1,520. What is the yield
5. A $1,000 bond with a coupon rate of 10% interest paid semiannually, matures in eight years and sells for $1,520. What is the yield to maturity? a. 1.36% b. 2.69% c. 3.09% d. 4.69%
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