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An investor pays $8,750 for a $10,000 corporate bond with a 4.75% coupon (interest rate). What is the bondholder's yield? Select one: a. 4.79% b.
An investor pays $8,750 for a $10,000 corporate bond with a 4.75% coupon (interest rate). What is the bondholder's yield?
Select one:
a. 4.79%
b. 5.43%
c. 5.85%
d. 6.00%
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