Multiple Choice
Use the following information to answer the question(s) below.
-Consider a four-year,default-free bond with an annual coupon rate of 4.5% and a face value of $1000.The YTM on this bond is closest to:
A) 3.85%.
B) 4.20%.
C) 4.35%.
D) 4.40%.
Correct Answer:

Verified
Correct Answer:
Verified
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