The YTM of a 3 year default free security with a face value of $1000 and an annual coupon rate of 6% ...

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The YTM of a 3 year default free security with a face value of $1000 and an annual coupon rate of 6% ...

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

Edition: 4^th

Authors: Berk, DeMarzo

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