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Question 27 1 pts Suppose you purchase a Wellesley bond for its quoted price of 110.75. It has a 12% coupon rate, $1,000 par value,

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Question 27 1 pts Suppose you purchase a Wellesley bond for its quoted price of 110.75. It has a 12% coupon rate, $1,000 par value, and matures in 11 years. Interest is paid semiannually. What is the bond's yield to maturity? 9.0% 13.0% 9.6% 10.3% O 7.8%

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