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The 4 percent coupon bonds of the Signarama Co. are selling for 94 percent of par value of $1,000 at $940. The bonds mature in

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The 4 percent coupon bonds of the Signarama Co. are selling for 94 percent of par value of $1,000 at $940. The bonds mature in 6 years and pays interest semiannually. What is the annual yield to maturity of these Signarama bonds? Select the closet answer. Remember, YTM are annualized rates, not semiannual rates. S Signarama The way to grow your business 6.2396 4% 7.12% 5.18%

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