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A simple loan payable in 2 years has a repayment amount equal to $132.25 and a loan value of $100. Its yield to maturity is
A simple loan payable in 2 years has a repayment amount equal to $132.25 and a loan value of $100. Its yield to maturity is
A) 5 percent.
B) 20 percent.
C) 33.3 percent.
D) 15 percent.
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