A bond currently sells for $924.58,matures in 11 years,pays $27.50 every 6 months in interest,and has a face value of $1,000.What is the yield to maturity?
A) 6) 47%
B) 5) 98%
C) 5) 01%
D) 3) 23%
E) 4) 07%
Correct Answer:
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