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A 4 year bond pays a 7.25% coupon rate and is currently priced at $900. What is the YTM of this bond? Assume semi-annual coupon
A 4 year bond pays a 7.25% coupon rate and is currently priced at $900. What is the YTM of this bond? Assume semi-annual coupon payments and par value of $1,000
A.7.25%
B.8.06%
C.3.6125%
D.10.36%
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