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Footsteps Co. has a bond outstanding with a coupon rate of 5.7 percent and annual in 13 years, and has a par value of $1,000.

Footsteps Co. has a bond outstanding with a coupon rate of 5.7 percent and annual in 13 years, and has a par value of $1,000. What is the YTM of the bond? payments. The bond currently sells for $92787, matures Multiple Choice 6.54% 5.45% 634% 0 589%

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