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You are trying to determine the yield to maturity of a 2-year 5% coupon bond. A portfolio consisting of 0.05 1-year zero coupon bonds and

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You are trying to determine the yield to maturity of a 2-year 5% coupon bond. A portfolio consisting of 0.05 1-year zero coupon bonds and 1.05 2-year zero coupon bonds sells for $987. What is the yield to maturity on the coupon bond? Select one: a, 4.513% b. 5.453% c. 5.706% d. 6.151% e. The yield to maturity cannot be determined from the information provided

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