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A 5.25 percent coupon bond has 20 years left to maturity. It is offered for sale at $1,100. Assume interest payments are semiannual and a

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A 5.25 percent coupon bond has 20 years left to maturity. It is offered for sale at $1,100. Assume interest payments are semiannual and a par value of $1,000. What is the yield to maturity of the bond? Round your final answer to two decimal places, O 2.21% 4.49% 4.42% O 2.24%

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