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Business, 27.11.2020 21:20 kenoknox

A $5,000 face value bond has a coupon rate of 6.5%, sells for $5,937, and matures in 7 years. What is its yield to maturity?a. 3.44%.b. 5.47%.c. 6.12%.d. 4.08%.

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A $5,000 face value bond has a coupon rate of 6.5%, sells for $5,937, and matures in 7 years. What i...
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