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Telus has a semi-annual pay bond outstanding with a coupon rate of 6.8%, face value of $1,000, and 6 years to maturity. The present value

image text in transcribed Telus has a semi-annual pay bond outstanding with a coupon rate of 6.8%, face value of $1,000, and 6 years to maturity. The present value of the bond is $900. What is the Yield to Maturity (YTM)? 4.5% 6.75% 9.0% 11.25%

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