Consider some bonds with one annual coupon payment of 725

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Reference no: EM13391996

Consider some bonds with one annual coupon payment of 7.25%. The bonds have a par value of $1,000, a current price of $1,125, and they will mature in 13 years. What is the yield to maturity on these bonds?

5.56%

5.85%

6.14%

6.45%

Reference no: EM13391996

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