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Business, 21.12.2020 18:50 cerna

A coupon bond which pays interest of $60 annually, has a par value of $1,000, matures in 5 years, and is selling today for $915.48. The yield to maturity on this bond is approximately: a. 7.23%
b. 6%
c. 8.12%
d. 9.45%

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A coupon bond which pays interest of $60 annually, has a par value of $1,000, matures in 5 years, an...
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