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There is a corporate bond in the market that is selling for $1,178.29 each, stated rate of interest of 4.13% with a maturity of 10
There is a corporate bond in the market that is selling for $1,178.29 each, stated rate of interest of 4.13% with a maturity of 10 years. What is the yield-to-maturity (YTM) of this bond? a. 4.28% b. 0.53% c. 2.14% d. 1.07%
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