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What is the YTM on an A rated 5% coupon bond that matures in 17 years if the bond is currently trading at $1,048? A)
What is the YTM on an A rated 5% coupon bond that matures in 17 years if the bond is currently trading at $1,048?
A) 4.53%
B) 4.59%
C) 4.40%
D) 4.46%
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