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Jack Wong purchased a five-year bond today at $1032.19. The bond pays 6.5 percent semi-annually. What will be his yield to maturity? a. None of

Jack Wong purchased a five-year bond today at $1032.19. The bond pays 6.5 percent semi-annually. What will be his yield to maturity?

a. None of them.

b. 6.9%

c. 6.7%

d. 6.1%

e. 5.75%

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