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The 5.25% semi-annual coupon bonds for Martha's Cupboards, Inc. are currently quoted in the newspaper at a price of 101.25. The bonds mature in seven
The 5.25% semi-annual coupon bonds for Martha's Cupboards, Inc. are currently quoted in the newspaper at a price of 101.25. The bonds mature in seven years. What is the yield to maturity on these bonds?
Select one:
A. 5.33%
B. 5.19%
C. 5.25%
D. 5.04%
E. 5.49%
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