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A Corporate Bond with a Face Value of €1,000 Matures

Question 77

Multiple Choice

A corporate bond with a face value of €1,000 matures in 4 years and has a 8% coupon paid at the end of each year.The current price of the bond is €932.What is the yield to maturity for this bond?


A) 5.05%
B) 6.48%
C) 8.58%
D) 10.15%
E) 11.92%

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