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If Pro Bass Shops twenty-year bonds are currently selling for $992, the coupon rate is 4.6% and coupons are semi-annual, then what is the YTM?
If Pro Bass Shops twenty-year bonds are currently selling for $992, the coupon rate is 4.6% and coupons are semi-annual, then what is the YTM?
A) 2.333%
B) 2.633%
C) 4.6%
D) 4.662%
E) None of the above
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