Question: Question 3 (2 points) A bond with a 10% annual coupon matures in 6 years. The bond has a price of $1,200. What is the

Question 3 (2 points) A bond with a 10% annual coupon matures in 6 years. The bond has a price of $1,200. What is the yield to maturity for this bond? 2.99% 5.94% 5.98% 7.42%

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Question 3 (2 points) A bond with a 10% annual coupon matures in 6 years. The bond has a price of $1,200. What is the yield to maturity for this bond? 2.99% 5.94% 5.98% 7.42%

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