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Best Western has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in six years, and have a 5 percent coupon. The current
Best Western has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in six years, and have a 5 percent coupon. The current price is quoted at 101. What is the yield to maturity? A 2.32 percent B. 4.64 percent C. 5.00 percent D. 5.13 percent E. 4.80 percent
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