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What Is the Yield to Maturity of A(n) Eight-Year, $5000

Question 55

Multiple Choice

What is the yield to maturity of a(n) eight-year, $5000 bond with a 4.4% coupon rate and semiannual coupons if this bond is currently trading for a price of $4723.70?


A) 6.31%
B) 5.26%
C) 7.36%
D) 2.63%

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