29 The market price of a semi-annual payment bond is $975.00. If this bond...

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The market price of a semi-annual payment bond is $975.00. If this bond has 21 years remaining to maturity and if the bond has a coupon rate of 9.20%, the yield-to maturity must be %. 1) 9.2130 2) 9.3582 3) 9.2830 4) 9.6060 5) 9.4765

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