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QUESTION 14 A coupon bond which pays interest of $40 annually, has a par value of $1,000, matures in 5 years, and is selling today
QUESTION 14 A coupon bond which pays interest of $40 annually, has a par value of $1,000, matures in 5 years, and is selling today at a $84.52 discount from par value. The actual yield to maturity on this bond is 0a400% b 4.37% O c. 5.94% 04, 6.00%
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