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If a $1,000 face value bond is sold at $1,052.41 and has a coupon rate of 10%, which one of the following rate is the
If a $1,000 face value bond is sold at $1,052.41 and has a coupon rate of 10%, which one of the following rate is the most feasible yield to maturity of this bond?
12.54%
10.00%
11.24%
All of the above are feasible.
None of the above are feasible.
Not enough information to answer.
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