A Home Depot, Inc. coupon bond that pays interest of $60 annually has a par value of $1,000, matures in 10 years, and is

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answerhappygod
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A Home Depot, Inc. coupon bond that pays interest of $60 annually has a par value of $1,000, matures in 10 years, and is

Post by answerhappygod »

A Home Depot, Inc. coupon bond that pays interest of $60
annually has a par value of $1,000, matures in 10 years, and is
selling today at an $84.52 discount from par value. The yield to
maturity on this bond is ________.
Group of answer choices
9.45%
6%
8.12%
7.22%
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