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A Corporation has a bond with a par value of $2,000 that sells for $1,900 . The bond has a coupon rate of 6.45 percent

A Corporation has a bond with a par value of

$2,000

that sells for

$1,900

. The bond has a coupon rate of 6.45 percent and matures in 15 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?\

5.45%

6.99%

6.54%

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