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A Woodin Co. bond has an annual coupon rate of 6.5 percent and pays interest semi-annually. The face value is $1,000, and the current market
A Woodin Co. bond has an annual coupon rate of 6.5 percent and pays interest semi-annually. The face value is $1,000, and the current market price is $1,112. The bond matures in 10 years. What is the yield to maturity? Multiple Choice 216% 219% 4.38% 4.339 506%
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