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A bond haseightyears to maturity, a$2000face value, and a6.0% coupon rate with annual coupons. What is its yield to maturity if it is currently trading
A bond haseightyears to maturity, a$2000face value, and a6.0% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at$1619.57?
13.30%11.40%7.60%9.50%
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