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Footsteps Co. has a bond outstanding with a coupon rate of 6.2 percent and annual payments. The bond currently sells for $948.02, matures in 18

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Footsteps Co. has a bond outstanding with a coupon rate of 6.2 percent and annual payments. The bond currently sells for $948.02, matures in 18 years, and has a par value of $1,000. What is the YTM of the bond? Multiple Choice O 6.71% 6.20% 6.04% 5.59% 6.54% C

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