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What is the yield to maturity of a corporate bond with 10

Financial Management:

What is the yield to maturity of a corporate bond with 10 years to maturity, a coupon rate of 6% per year, a $1,000 par value, and a current market price of $1,147? Assume semi-annual coupon payments.

a. 4.7%

b. 5.3%

c. 6.0%

d. 4.2%

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Dissertation: What is the yield to maturity of a corporate bond with 10

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