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Sammi purchased a $1,000 par value bond. The bond has coupon rate of 6%, paid annually, and matures in 6 years. If Sammi paid $1,200

Sammi purchased a $1,000 par value bond. The bond has coupon rate of 6%, paid annually, and matures in 6 years. If Sammi paid $1,200 to purchase the bond, what is the yield to maturity?

Question 22 options:

2.38%

5.3%

3.1%

5.17%

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