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jay aquire is considering the purchase of the following: a builtrite, $10000 par, 6 5/8 coupon rate, 15 year maturity bond which is currently selling

jay aquire is considering the purchase of the following: a builtrite, $10000 par, 6 5/8 coupon rate, 15 year maturity bond which is currently selling for 1020. if jay purchases the bond, what would his approximate yield-to maturity be?

6.17%

6.41%

5.92%

6.66%

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