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What is the yield to maturity on a 12% coupon bond paying semiannual interest with 12 years to maturity and a par value of $12,000
What is the yield to maturity on a 12% coupon bond paying semiannual interest with 12 years to maturity and a par value of $12,000 that currently sells for $12,121?
5.9111%
12.1212%
11.8405%
5.9202%
11.8384%
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