Question: 4 points You are interested in purchasing a 6 year bond with semi-annual coupons at a coupon rate of 2.9%. If the bond is currently
4 points You are interested in purchasing a 6 year bond with semi-annual coupons at a coupon rate of 2.9%. If the bond is currently selling for $887.04, and the par value is $1,000, what is the yield to maturity on the bond? 5.14% 2.57% 2.55% 5.11%
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