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A bond has $1,000 face value, coupon rate of 3.5%, and yield to maturity (YTM) of 3.7%. It will mature in 16 years and the
A bond has $1,000 face value, coupon rate of 3.5%, and yield to maturity (YTM) of 3.7%. It will mature in 16 years and the coupons are paid annually. What is this bond's current yield? 3.589% 3.586% 0 0 0 3.581% 3.585%
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