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problem: A Co. bond has an 8% coupon and pays interest yearly. The face value is $1,000 and the current market price is $1,020.50. The bond matures in twenty years. find out the yield to maturity? 

[A] 8.00%

[B] 8.04%

[C] 8.12%

[D] 7.79%

[E] 7.82%

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M919301

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