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A 4.2% percent coupon bond with 5 years left to maturity is offered for sale at $1,036.50. What is the yield to maturity of the
A 4.2% percent coupon bond with 5 years left to maturity is offered for sale at $1,036.50. What is the yield to maturity of the bond? (Assume interest payments are paid semi-annually and the par value is $1,000.) 3.60% 3.30% 3.40% 3.50%
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