What is the yield to maturity of a five-year 5000 bond with
What is the yield to maturity of a five-year, $5000 bond with a 4.5% coupon rate and semi annual coupons if this bond is currently trading for a price of $4876?
1) 4.30%
2) 5.07%
3) 6.30%
4) 8.60%
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