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Question 7 1 pts A company has a bond with a par value of $1,000 that sells for $700. The bond has a coupon rate

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Question 7 1 pts A company has a bond with a par value of $1,000 that sells for $700. The bond has a coupon rate of 6.90% and matures in 24 years. If the bond makes semiannual coupon payments, what is the YTM of the bond? 9.58% 7.93% 10.29% 7.35% 5.15%

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