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What is the approximate yield to maturity on a 15-year 10.25% bond currently trading at 103? a. 9.95% b. 9.90% c. 0.25% d. 10.30%
What is the approximate yield to maturity on a 15-year 10.25% bond currently trading at 103?
a. 9.95%
b. 9.90%
c. 0.25%
d. 10.30%
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