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- 9% coupon bond issued 20 years ago. The bond now has 10 years to maturity. Investors believe that at maturity date, bond holders receive

- 9% coupon bond issued 20 years ago. The bond now has 10 years to maturity. Investors believe that at maturity date, bond holders receive 50% par value, bond price fallen to $650. What is the expected YTM? -A. 12.63% -B. 12.36% -C. 13.62% - D. 13.26%

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