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A bond with a 10% annual coupon matures in 6 years. The bond has a price of $1,200. What is the yield to maturity for
A bond with a 10% annual coupon matures in 6 years. The bond has a price of $1,200. What is the yield to maturity for this bond?
Question 3 options:
| 2.99% |
| 5.94% |
| 5.98% |
| 7.42% |
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