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Use the bond term's below to answer the question Maturity 12 years Coupon Rate 4% Face value $1,000 Annual Coupons YTM 5% Assuming the YTM
Use the bond term's below to answer the question Maturity 12 years Coupon Rate 4% Face value $1,000 Annual Coupons YTM 5% Assuming the YTM remains constant throughout the bond's life, what is the bond's current yield between periods 3 and 4 ?
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4.44%
4.31%
4.22%
4.10%
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