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A 7.4% coupon, 10-year semiannual bond has a face value of $1000 and is selling for $910. What is this bonds yield to maturity? Group
A 7.4% coupon, 10-year semiannual bond has a face value of $1000 and is selling for $910. What is this bonds yield to maturity?
Group of answer choices
8.77%
16.68%
9.71%
4.39%
4.86%
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