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There is a corporate bond in the market that is selling for $1,350.82 each, stated rate of interest of 8.15% with a maturity of 7
There is a corporate bond in the market that is selling for $1,350.82 each, stated rate of interest of 8.15% with a maturity of 7 years. What is the yield-to-maturity (YTM) of this bond? a. 5.26% b. 0.66% c. 2.63% d. 1.31%
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