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Posted on Jul 31, 2024

A 3.3% percent coupon bond with 5 years left to maturity is offered for sale at $825.00. What yield to maturity is the bond offering?

A 3.3% percent coupon bond with 5 years left to maturity is offered for sale at $825.00. What yield to maturity is the bond offering? (Assume interest payments are paid annually and par value is $1,000.) 7.64% 7.02% 6.79% 6.70%

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