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A bond pays 11% coupon semiannually, has a par value of $1,000 and will mature in 10 years. If it currently sells for $942.65, what
A bond pays 11% coupon semiannually, has a par value of $1,000 and will mature in 10 years. If it currently sells for $942.65, what is its yield to maturity?
7.5%
11.6%
12%
8%
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
