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A corporate bond with a face value of $1,000 matures in 4 years and has a coupon rate of 6 percent. The current price of
A corporate bond with a face value of $1,000 matures in 4 years and has a coupon rate of 6 percent. The current price of the bond is $932 and coupon is paid annually. What is the yield to maturity?
8.58%
8.06%
9.05%
6.67%
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