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Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,903.88. The bond has a coupon rate of 7.08 percent and
Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,903.88. The bond has a coupon rate of 7.08 percent and matures in 18 years. If the bond makes semiannual coupon payments, what is the YTM of the bond? Multiple Choice 6.82% 3.79% 757% 5.68% 719%
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