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borteleto borteleto
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Posts: 2477
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5 years ago
What is the yield to maturity of a bond that pays an 5% coupon rate with annual coupon payments, has a par value of $1,000, matures in 15 years, and is currently selling for $769?
A) 2.4%
B) 5.7%
C) 7.6%
D) 9.5%
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Marc18Marc18
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#1
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5 years ago
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