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There is a bond that has a quoted price of 96.415 and a par value of $2,000. The coupon rate is 7.17 percent and the
There is a bond that has a quoted price of 96.415 and a par value of $2,000. The coupon rate is 7.17 percent and the bond matures in 15 years. If the bond makes semiannual coupon payments, what is the YTM of the bond? Multiple Choice 7.57% 5.68% O 6.82% 3.79% O 3.91% O O
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