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Let us consider a bond with 5 years to maturity. The face value of the bond is $1,000. Its coupon rate is 6% (SEMI ANNUAL

Let us consider a bond with 5 years to maturity. The face value of the bond is $1,000. Its coupon rate is 6% (SEMI ANNUAL payments). The price of the bond is $970. What is the bond'sYTM? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 3.000% b 3.358% c 6.000% d 6.716%

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