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You paid $12,523 to buy a 5% coupon bond. Coupon is paid annually. The bond matures in 30 yrs. The face value is 10,000 .

You paid $12,523 to buy a 5% coupon bond. Coupon is paid annually. The bond matures in 30 yrs. The face value is 10,000 . The yield to maturity for this bond at current market prices is closest to: A. 3.61% B. 4.23% c. 3.52

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