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What is the Yield to Maturity (YTM) for a Bond which sells for $820 today, matures exactly ten years from today at $1,000, and has

What is the Yield to Maturity (YTM) for a Bond which sells for $820 today, matures exactly ten years from today at $1,000, and has a coupon rate of 5.00%? Hint: Use Excel Spreadsheet, with Frequency =2 and Basis = 0.

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6.00%

5.50%.

7.60%.

10.0%.

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