Question: There is a coupon bond available with a face value of $1,000, which pays 4.14% (semi-annual) coupons, and matures in 14 years. If this security

There is a coupon bond available with a face value of $1,000, which pays 4.14% (semi-annual) coupons, and matures in 14 years. If this security is priced at $904.77, what annualized yield-to-maturity does it return? 5.82% 9.53% 5.10% 2.55%

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