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A 4 % coupon bond with 6 months remaining until maturity is currently trading at $ 1 , 0 0 5 . 5 4 .

4 %

coupon bond with

6

months remaining until maturity is currently trading at $

1, 005.54 .

Assume semi

-

annual coupon payments. The bond's YTM is

% .

Margin of error for correct responses:

+ / - . 03 (%) .

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