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A 5-year discount bond with a face value of $1,000 sells at $723. The YTM...

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Question

Finance

A 5-year discount bond with a face value of $1,000 sells at $723. The YTM of the bond is

6.10%

6.28%

6.45%

6.60%

6.95%

Answer & Explanation Solved by verified expert
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