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A Thai company has a bond outstanding with the current price of 80 percent of its 1,000 Baht par value. The bond has a coupon
A Thai company has a bond outstanding with the current price of 80 percent of its 1,000 Baht par value. The bond has a coupon rate of 4.7 percent paid semiannually and matures in 5 years. What is the yield to maturity of this bond?
A. 9.86%. B. 19.94% C. 9.97% D. 4.93%
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