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Sammi purchased a $10,000 par value bond. The bond has coupon rate of 6% and matures in 7 years. If Sammi paid $10,584.55 to purchase

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Sammi purchased a $10,000 par value bond. The bond has coupon rate of 6% and matures in 7 years. If Sammi paid $10,584.55 to purchase the bond, what is the yield to maturity? 5.94% 6,2% 6% 5% Your son will be ready for college or university in 10 years and your daughter in 15 years. Which of the following bond strategies would be best suited to your goal of financing your children's education? Passive Interest rate Maturity matching Active

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