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Calculate the yield to maturity on a bond that has a price of 985 and pays a 22 coupon for the life of the bond.

Calculate the yield to maturity on a bond that has a price of 985 and pays a 22 coupon for the life of the bond. . 2.23 b. 2.84% C. 44.77% d. 2.23% . 2.7%

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