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Question 22 A 40-year bond with a coupon rate of 8.50% is traded at $1,200.62. What is the yield to maturity of the bond? 6.3%

Question 22 A 40-year bond with a coupon rate of 8.50% is traded at $1,200.62. What is the yield to maturity of the bond? 6.3% O 7.0% O 5.6% O 4.9% O 7.4%

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