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Consider a coupon bond with a face value of $1,000, which pays 5.55% annual coupons and matures in seventeen years. If the instrument is currently
Consider a coupon bond with a face value of $1,000, which pays 5.55% annual coupons and matures in seventeen years. If the instrument is currently selling for $1,142.10, what is the yield-to-maturity of the bond?
Group of answer choices
4.58%
6.05%
4.86%
4.35%
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