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Jer buys a $1,100,3% semi-annual coupon bond for a price of $1,066 and holds it to maturity in six years
Jer buys a $1,100,3% semi-annual coupon bond for a price of $1,066 and holds it to maturity in six years. What was the bond's yield to matunty If rates are compounded semi-annualy A. 0.77% OB 4.72% OC 1.83% OD 3.58%
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