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Trevor has a $1000 bond with a 4.5% coupon. Trevor purchased this...
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Mathematics, 07.05.2020 03:00 yokis2710
3 Polnis
-
Trevor has a $1000 bond with a 4.5% coupon. Trevor purchased this bond for
$965. What is the yield of this new bond?
O A. 5%
OB. 5.1%
C. 4.5%
D. 4.7%
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