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The bond of Petra Inc. has a 4 percent coupon and pay interest annually. Currently, the bond price is quoted as 92% of its face
The bond of Petra Inc. has a 4 percent coupon and pay interest annually. Currently, the bond price is quoted as 92% of its face value. The bonds mature in 5 years. What is the yield to maturity?
7.74 percent
4.15 percent
6.22 percent
5.89 percent
I need help I need answer soon as Possible Please !!
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