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Broke Benjamin Company has a bond outstanding that makes semiannual payments with a coupon rate of 5 . 8 percent. The bond sells for $

Broke Benjamin Company has a bond outstanding that makes semiannual payments with a coupon rate of 5.8 percent. The bond sells for $974.17 and matures in 14 years. The par value is $1,000. What is the YTM of the bond?
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5.47%
4.56%
3.04%
6.08%
5.77%

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