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Consider a 5-year corporate bond with a coupon rate of 10 percent and $1,000 par value. If it is priced at $900, estimate its yield-to-maturity.
Consider a 5-year corporate bond with a coupon rate of 10 percent and $1,000 par value. If it is priced at $900, estimate its yield-to-maturity. Select one: a. More than 12.00 percent b. 10.00 percent to 12.00 percent c. Less than 8.00 percent d. 8.00 percent to 10.00 percent
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