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You are issuing a bond with a face value of $1000. Your bond will pay a quarterly coupon at 8%. The bond's maturity is 20
You are issuing a bond with a face value of $1000. Your bond will pay a quarterly coupon at 8%. The bond's maturity is 20 years. The bond is currently trading at $953. What is the yield to maturity of your bond?
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8.49% 2.12% 7.6% 4.25%
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