Inc just issued a 10 year 9% coupon bond. The face value of the bond is $1,000 and the firm makes semiannual coupon paym

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answerhappygod
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Inc just issued a 10 year 9% coupon bond. The face value of the bond is $1,000 and the firm makes semiannual coupon paym

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Inc just issued a 10 year 9% coupon bond. The face value of thebond is $1,000 and the firm makes semiannual coupon payments. Ifthe bond is trading at $1,267.25, what is the bond’s yield tomaturity? Multiple Choice 2.75% 5.49% 12.00% 8.06%
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