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Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 5.1 percent. The bond sells for $942.01 and matures

Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 5.1 percent. The bond sells for $942.01 and matures in 15 years. The par value is $1,000. What is the YTM of the bond?

5.40%

5.68%

2.84%

4.26%

5.11%

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