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Footsteps Company has a bond outstanding with a coupon rate of 5 . 9 percent and annual payments. The bond currently sells for $ 9

Footsteps Company has a bond outstanding with a coupon rate of 5.9 percent and annual payments. The bond currently sells for $984.29, matures in 23 years, and has a par value of $1,000. What is the YTM of the bond?
Multiple Choice
5.90%
6.03%
5.99%
5.02%
5.43%

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