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Geraldine's Gems has a bond with a current market price of $1,016.24, and a $1,000 face value. This bond pays semi-annual coupons of $12 each
Geraldine's Gems has a bond with a current market price of $1,016.24, and a $1,000 face value. This bond pays semi-annual coupons of $12 each and has nine years to maturity. What is its yield to maturity? 1.10 percent 1.11 percent 2.20 percent 2.22 percent
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