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Will give good rating A firm's bond has a maturity of 15 years with $1,000 par value and 8% semiannual coupon rate, and it sells

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A firm's bond has a maturity of 15 years with $1,000 par value and 8% semiannual coupon rate, and it sells at a price of $1,100 now. What is its YTM? A) 7.02% ( B) 6.92% C) 6.42% D) 6.81% E) 7.28%

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