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ABC company issued a bond one year ago and the bond is currently trading at $1,191.49 (and has a face value of $1000). The bond
ABC company issued a bond one year ago and the bond is currently trading at $1,191.49 (and has a face value of $1000). The bond has an annual coupon rate of 5% (paid annually), and will mature in 25 years. What is the yield to maturity of this bond?
Select one:
a.2.58%.
b.10.00%.
c.5.8%.
d.3.8%.
e.6.2%.
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