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A $1,000 par value bond has an 8% coupon rate (paid semiannually). It has 5 years remaining to maturity. If bonds current price $1,085.30, what
A $1,000 par value bond has an 8% coupon rate (paid semiannually). It has 5 years remaining to maturity. If bonds current price $1,085.30, what should be the YTM of this bond? Group of answer choices A)7.37% B)3.69% C)3% D)6%
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