Question: FOR THIS AND THE NEXT QUESTION. A 3-year BBB corporate bond is currently selling at 34.19 percent above par with a coupon rate of 13.75%.

FOR THIS AND THE NEXT QUESTION. A 3-year BBB corporate bond is currently selling at 34.19 percent above par with a coupon rate of 13.75%. Note that par value = $1,000. Coupons are paid semiannually. Calculate this bond's yield to maturity. 5.67% 3% 5.78% Less than 59% 10.25%
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