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What is the yield to maturity of a consol with a coupon of $85 and a price of $944.44?

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What is the yield to maturity of a consol with a coupon of $85 and a price of $944.44?

What is the yield to maturity of a consol with a coupon of $85 and a price of $944.44?
A) 5.56%
B) 8.50%
C) 9.00%
D) Not enough information has been provided to determine the answer.

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Money, Banking, and the Financial System

Money, Banking, and the Financial System

Edition: 3^rd

Authors: Hubbard, O'Brien

Read 45 times

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