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MC algo 7-11 Calculating YTM 27 Footsteps Co. has a bond outstanding with a coupon rate of 5.9 percent and annual payments. The bond currently

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MC algo 7-11 Calculating YTM 27 Footsteps Co. has a bond outstanding with a coupon rate of 5.9 percent and annual payments. The bond currently sells for $935.93, matures in 15 years, and has a par value of $1,000. What is the YTM of the bond? 1 points 8 00:39:59 Multiple Choice 6.30% 5.90% O O 5.49% O 6.59% O O 5.93%

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