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There is a corporate bond in the market that is selling for $3,029.63 each, stated rate of interest of 5.50% with a maturity of 100
There is a corporate bond in the market that is selling for $3,029.63 each, stated rate of interest of 5.50% with a maturity of 100 years. What is the yield-to-maturity (YTM) of this bond? O a. 1.53% O b. 0.38% O c. 3.06% O d. 0.77%
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