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Consider a bond with annual coupon rate of 9 percent. The par value is $1,000, and the bond has 6 years to maturity. If current
Consider a bond with annual coupon rate of 9 percent. The par value is $1,000, and the bond has 6 years to maturity. If current market price is 856, what is yield to maturity (YTM)? O 11.3022 % O 10.6743 % 0 11.9301 % 13.8138 % 0 12.558 %
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