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Question 1 2 pts Barry Cuda is considering the purchase of the following Builtrite bond: $1000 par, 4 1/4% coupon rate, 25 year maturity that

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Question 1 2 pts Barry Cuda is considering the purchase of the following Builtrite bond: $1000 par, 4 1/4% coupon rate, 25 year maturity that is currently selling for $1030. If Barry purchases this bond, what would his approximate yield to maturity be? 3.72% 3.81% 3.93% 4.05%

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