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What is the YTM of a bond with a par value of $1,000, selling currently for $800 if the bond pays $74.20 in annual coupon
What is the YTM of a bond with a par value of $1,000, selling currently for $800 if the bond pays $74.20 in annual coupon and has 15 years left to maturity?
Question 3 options:
| 10.06% |
| Between 8-9% |
| 11.23% |
| 13.76% |
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