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You purchase an 6% coupon, 25 year, $1,000 par, semiannual payment bond priced at $950 when it has 10 years remaining until maturity. What is
You purchase an 6% coupon, 25 year, $1,000 par, semiannual payment bond priced at $950 when it has 10 years remaining until maturity. What is the yield to maturity?
A. 3.35% B. 6.00% C. 6.41% D. 8.18% E. 6.69%
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