Question: Yield to Maturity (LO1, CFA5)A bond sells for $902.30 and has a coupon rate of 6 percent. If the bond has 12 years until maturity,
Yield to Maturity (LO1, CFA5) A bond sells for $902.30 and has a coupon rate of 6 percent. If the bond has 12 years until maturity, what is the yield to maturity of the bond?
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