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Question 16 A 6.25 percent coupon bond with 20 years left to maturity is offered for sale at $1017.20. What yield to maturity is the

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Question 16 A 6.25 percent coupon bond with 20 years left to maturity is offered for sale at $1017.20. What yield to maturity is the bond offering? (Assume interest payments are paid semi-annually.) 6.25% 6.00% 3.05% 6.10%

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