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Consider a bond with the following characteristics: Price = $900 Face Value = $1000 Time to maturity= 5 years Coupon Rate= 4% What is the
Consider a bond with the following characteristics: Price = $900 Face Value = $1000 Time to maturity= 5 years Coupon Rate= 4% What is the Yield to Maturity on the bond? Group of answer choices 2.13% 6.40% 8.02%
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