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You bought a semiannual bond from Lona-tech Solution Company. The bond will mature in 12 years (from today). The bond pays a 6% annual coupon

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You bought a semiannual bond from Lona-tech Solution Company. The bond will mature in 12 years (from today). The bond pays a 6% annual coupon rate on a face value of $1,000. The required return for bonds in the same risk class is currently 4%. What is the YTM? 5.65% O 3% None of the answers is correct. 06% 4%

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