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ABC , Inc.'s $1,000 corporate bond bears a coupon rate of 15% , with annual coupon payments. The bond has one year remaining to maturity
ABC
, Inc.'s
$1,000
corporate bond bears a coupon rate of
15%
, with annual coupon payments. The bond has one year remaining to maturity and is currently selling at
$980
. What is the Yield to Maturity (YTM) on the bond?\
15.00%
.\
14.35%
.\
13.54%
.\
17.35%
.
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