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Mike has a $200 loan from the bank. He will pay the bank $236.50 in 2 years. What is the yield to maturity on the
Mike has a $200 loan from the bank. He will pay the bank $236.50 in 2 years. What is the yield to maturity on the loan?
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10.00% | ||
11.09% | ||
8.74% | ||
9.27% |
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