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Suppose a bond with a 10% coupon rate and semiannual coupons, has a face value of $1,000, 5 years to maturity and is selling for
Suppose a bond with a 10% coupon rate and semiannual coupons, has a face value of $1,000, 5 years to maturity and is selling for $1,197.93. Please calculate Yield to Maturity of this bond.
a. 4% b. 4.4% c. 14% d. 14.4% e. 5.4% f. 7.8% g. 15% h. 17% i. 9.6% j. 10.3%
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