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Adams Enterprises' noncallable bonds currently sell for $ 1 , 4 7 0 . They have a 1 5 - year maturity, an annual coupon

Adams Enterprises' noncallable bonds currently sell for $1,470. They have a 15- year maturity, an annual coupon of $80, and a par value of $1,000. What is their yield to maturity?
a.4.21%
b.5.01%
c.4.25%
d.3.82%
e.3.37%

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