A bond has a coupon of 12 percent, and is currently selling for $800, had an original

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A bond has a coupon of 12 percent, and is currently selling for $800, had an original maturity of 15 years is due to mature in 12 years. The return on the bond, viz. its yield to maturity (YTM) is:

a.21.76%

b.15.82%

c.15.13%

d.15.50%

Posted Date: May 19, 2024 04:01 AM

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A bond has a coupon of 12 percent, and is currently selling for $800, had an original

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