There is a bond that has a quoted price of 101.367 and a par value...

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Accounting

There is a bond that has a quoted price of 101.367 and a par value of $2,000. The coupon rate is 6.75 percent and the bond matures in 21 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
Multiple Choice
3.28%
4.97%
3.31%
5.97%
6.63%

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