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Question 3 (1 point) You just paid $1,355 for a regular bond. The bond has a face value of $1,000. The coupon rate is 9.5%.
Question 3 (1 point) You just paid $1,355 for a regular bond. The bond has a face value of $1,000. The coupon rate is 9.5%. Coupons are paid annually. The bond has 26 years to maturity. What is the yield to maturity? 9.50% 7.01% 6.61% 6.62%
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