The bonds issued by Jensen & Son bear a 6% coupon, payable annually. The bond...
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The bonds issued by Jensen & Son bear a 6% coupon, payable annually. The bond matures in 8 years and has a $1,000 face value. Currently, the bond sells at $955.26. What is the yield to maturity?
6.74%
5.87%
5.97%
6.95%
6.25%
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