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Q 1 5 The Jupiter Dan Company has a bond outstanding that makes semiannual payments with a coupon rate of 8 percent. The bond sells

Q15 The Jupiter Dan Company has a bond outstanding that makes semiannual payments with a coupon rate of 8 percent. The bond sells for $1,127.36 and matures in 10 years. The par value is $1,000. What is the yield to maturity (YTM) of the bond?
12.54%
13.63%
3.14%
6.27%
5.08%
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