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Suppose a 15-year, $1,000 bond with an 6% coupon rate and semiannual coupons is trading for $950. What is the bonds yield to maturity? Select

Suppose a 15-year, $1,000 bond with an 6% coupon rate and semiannual coupons is trading for $950. What is the bonds yield to maturity? Select one: a. 3.26% b. 6.38% c. 6.52% d. 8.36%

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