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Jessies Jewels has a bond with a $1,000 face value, paying semi-annual coupons of $12 each. The current market price is $1,016.24, and the bond

Jessies Jewels has a bond with a $1,000 face value, paying semi-annual coupons of $12 each. The current market price is $1,016.24, and the bond has ten years to maturity. What is its yield to maturity?

1.02 %
1.11 %
2.05 %
2.22 %

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