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Page 4 of 15 Question 10 (3 points) A 15-year, $1,000 par value bond has a price of $1,190. The coupon rate is 10% pa.

Page 4 of 15 Question 10 (3 points) A 15-year, $1,000 par value bond has a price of $1,190. The coupon rate is 10% pa. and coupon is paid semiannually. What is the bond's nominal yield to maturity (YTM)? a) 6.37% Ob) 7.60% Oc) 7.83% d) 6.73%

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