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9. The Hyundai Motor Company has a bond outstanding with a face value of $5,000 that reaches maturity in eight years. The coupon rate for

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9. The Hyundai Motor Company has a bond outstanding with a face value of $5,000 that reaches maturity in eight years. The coupon rate for this bond is 8% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $5,318, then the YTM for this bond is closest to: a. 5.6% b. 8.34% c. 9.73% d. 6.95%

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