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What is the yield to maturity (YTM) on an eight-year, 9-percent bond that pays Interest semi-annually, which is now priced at $980? If you are

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What is the yield to maturity (YTM) on an eight-year, 9-percent bond that pays Interest semi-annually, which is now priced at $980? If you are using trial-and-error method, you can try a range of rates between 9 and 9.5 percent. Select one: 2.4.68 percent b.9.36 percent a c. 9 percent d. 9.05 percent

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