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Business, 17.04.2020 01:03 nisazaheer

New Markets has $1,000 face value bonds outstanding that pay interest semiannually, mature in 14.5 years, and have a 4.5 percent coupon. The current price is quoted at 97.6. What is the yield to maturity? 5.27 percent 4.73 percent 5.32 percent 5.13 percent 4.92 percent

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