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Bond Yields Find the promised yield to maturity for a 7% coupon, $1,000 par 20 year bond selling at $960.55. The bond makes semiannual coupon

Bond Yields Find the promised yield to maturity for a 7% coupon, $1,000 par 20 year bond selling at $960.55. The bond makes semiannual coupon payments. Multiple Choice 7.45% 6.90% 7.38% 7.60%

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