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What is the yield to maturity of a bond that as a face value of $1,000, is currently selling for $980, has a 5% coupon
What is the yield to maturity of a bond that as a face value of $1,000, is currently selling for $980, has a 5% coupon (paid semi-annually) and matures in 5 years.
A. 2.73%
B. 5.47%
C. 2.94%
D. 5.26%
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