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Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 6.1 percent. The bond sells for $975.11 and matures

Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 6.1 percent. The bond sells for $975.11 and matures in 25 years. The par value is $1,000. What is the YTM of the bond? Multiple Choice o o o o o

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