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What is the yield to maturity of an 8 year, $5000 bond with a 4.8% coupon rate and semiannual coupons if this bond is currently
What is the yield to maturity of an 8 year, $5000 bond with a 4.8% coupon rate and semiannual coupons if this bond is currently trading for a price of $4,683.56?
A.
6.92%
B.
8.07%
C.
5.77%
D.
2.88%
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