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Memphic Memphic
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Posts: 728
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6 years ago
The YTM of a 3 year default free security with a face value of $1000 and an annual coupon rate of 6% is closest to:
A) 5.5%
B) 5.8%
C) 5.7%
D) 5.2%
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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Answer verified by a subject expert
EgorGruzdevEgorGruzdev
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Posts: 422
6 years ago
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Memphic Author
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6 years ago
Thank you, thank you, thank you!
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Just got PERFECT on my quiz
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