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What is the yield-to-maturity of a $1,000, 7% semi-annual coupon bond that matures in 2 years and currently sells for $997.07? A) 7.31% B) 6.87%
What is the yield-to-maturity of a $1,000, 7% semi-annual coupon bond that matures in 2 years and currently sells for $997.07?
| A) 7.31% | ||
| B) 6.87% | ||
| C) 7.16% | ||
| D) 7.04% |
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Financial Accounting
Authors: Anne Britton, Christopher Waterston
3rd Edition
027365859X, 978-0273658597
