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You own a 20-year bond that pays $22.50 in interest semiannually. The face value is $1,000 and the current market price is $1,097.24. The bond
You own a 20-year bond that pays $22.50 in interest semiannually. The face value is $1,000 and the current market price is $1,097.24. The bond matures in 5 years. What is the yield to maturity? O 2.79% O 2.42% O 1.40% O 1.21%
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