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Alto Markets has $1,000 face value bonds outstanding that pay interest semiannually, mature in 14 years, and have a 4.60% coupon. The current price is
Alto Markets has $1,000 face value bonds outstanding that pay interest semiannually, mature in 14 years, and have a 4.60% coupon. The current price is quoted at 97.60% of par. What is the Yield-to-Maturity? 2.42% 5.41% 4.84% 4.73% 5.12%
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