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8 A 6% coupon rate bond makes semi-annual interest rate payments. Par value is S1,000. The bond matures in six (6) years. The current price

8 A 6% coupon rate bond makes "semi-annual" interest rate payments. Par value is S1,000. The bond matures in six (6) years. The current price of the bond is 876.66 . Calculate the bonds YTM. a. 6.475% b. 7.420% c. 8.680% d. 9.296%

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