The bonds issued by United Corp. bear a coupon of 6 percent, payable semiannually. The bond matures in 15 years and has

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answerhappygod
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The bonds issued by United Corp. bear a coupon of 6 percent, payable semiannually. The bond matures in 15 years and has

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The bonds issued by United Corp. bear a coupon of 6 percent,
payable semiannually. The bond matures in 15 years and has a $1,000
face value. Currently, the bond sells at $1030. The yield to
maturity (YTM) is ________%.
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