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Footsteps Company has a bond outstanding with a coupon rate of 5.1 percent and annual payments. The bond currently sells for $1,016.53, matures in 15

Footsteps Company has a bond outstanding with a coupon rate of 5.1 percent and annual payments. The bond currently sells for $1,016.53, matures in 15 years, and has a par value of $1,000. What is the YTM of the bond? Mutiple choice 4.45% 530% 502x

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