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What is the yield to maturity of a ten-year, $10,000 bond with a 4.6% coupon rate and semiannual coupons if this bond is currently trading
What is the yield to maturity of a ten-year, $10,000 bond with a 4.6% coupon rate and semiannual coupons if this bond is currently trading for a price of $9,384?
A. 5.41%
B. 2.7%
C. 7.57%
D. 6.49%
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Finance For Non Financial Managers
Authors: Pierre Bergeron
6th Edition
0176501630, 9780176501631
