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A $14,000 bond has a coupon rate of 10% and is redeemable in 5 years. What is the yield rate of the bond if the
A $14,000 bond has a coupon rate of 10% and is redeemable in 5 years. What is the yield rate of the bond if the bond was purchased for $13,000? O a. 10.65% O b. 11.50% c. 12.25% O d. 11.94%
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