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    Exam 4: Applying the Time Value of Money to Security Valuation
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    The Yield to Maturity on a 1-Year Bond Purchased for $980
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The Yield to Maturity on a 1-Year Bond Purchased for $980

Question 36

Question 36

Multiple Choice

The yield to maturity on a 1-year bond purchased for $980 with a maturity value of $1100 is:


A) 10.05%
B) 12.24%
C) 13.50%
D) 14.23%

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