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Sevilla Bueno has semi-annual bonds with 6 years remaining to maturity. The annual coupon rate for the bonds is 9%. The current market price of
Sevilla Bueno has semi-annual bonds with 6 years remaining to maturity. The annual coupon rate for the bonds is 9%. The current market price of the bonds is $980. If the bonds have a par value of $1,000, what is the nominal Yield-to-Maturity? 9.44% 4.72% 8.72% $45.00 4.50%
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