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Texas Computers Inc. has 5% coupon bonds on the market with 25 years left to maturity. The bonds make semiannual payments. If the bond currently
Texas Computers Inc. has 5% coupon bonds on the market with 25 years left to maturity. The bonds make semiannual payments. If the bond currently sells for $1,010.50, what is its YTM? 4.83% 4.75% 4.93% 5.01%
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