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A $1,000 par bond with a 5% semi-annual coupon with 10yrs to maturity trades at $977. What is the yield to maturity? A. 4.82% B.
A $1,000 par bond with a 5% semi-annual coupon with 10yrs to maturity trades at $977. What is the yield to maturity?
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A. 4.82%
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B. 6.11%
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C. 5.19%
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D. 5.30%
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