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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%

.

image text in transcribed
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% 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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