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You purchased a bond for $930. It has a face value of $1,000. Semi-annual coupon...

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Question

Finance

You purchased a bond for $930. It has a face value of $1,000. Semi-annual coupon is $60. and it matures after ten years. What is the yield to maturity?

  1. A.

    13.31%
    B.

    7.00%
    C.

    12.90%
    D.

    6.64%

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