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Suppose you purchase a bond at $900 which matures in 2 years and pays a 6 percent interest annually. Assume par value is $1,000, what
Suppose you purchase a bond at $900 which matures in 2 years and pays a 6 percent interest annually. Assume par value is $1,000, what is yield to maturity of this bond? A. 17.8% B. 7.12% C. 1.24% D. 24.4% Suppose you purchase a bond at $900 which matures in 2 years and pays a 6 percent interest annually. Assume par value is $1,000, what is yield to maturity of this bond? A. 17.8% B. 7.12% C. 1.24% D. 24.4%
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