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There is a corporate bond in the market that is selling for $3,548.60 each, stated rate of interest of 4.12% with a maturity of 100
There is a corporate bond in the market that is selling for $3,548.60 each, stated rate of interest of 4.12% with a maturity of 100 years. What is the yield-to-maturity (YTM) of this bond?
a. 0.33%
b. 0.65%
c. 0.16%
`d. 1.30%
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