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Laura has a $1000 bond with a 3.4% coupon. Laura purchased this bond for $1065. What is the yield of this new bond? A.

Laura has a $1000 bond with a 3.4% coupon. Laura purchased this bond for $1065. What is the yield of this new bond? A. 3.0% B. 3.6% C. 3.4% D. 3.2%

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