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Suppose as of Jan. 1, 2022, there is bond paying semiannual coupons with face value of $4,000 and a time to maturity of fourteen years,

Suppose as of Jan. 1, 2022, there is bond paying semiannual coupons with face value of $4,000 and a time to maturity of fourteen years, what is the yield to maturity if the coupon rate is 7.5% and the bond price is $4,562.92?

a. -24.65%

b. -10.3%

c. 5.8%

d. 6.0%

e. 7.5%

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