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What is the yield to maturity if bonds are currently selling

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Reference no: EM132560096

Question 1: The kandy store has 7.5 percent semiannual bonds outstanding with 16 years to maturity. What is the yield to maturity if the bonds are currently selling for $1,012.50 each?

Option A) 6.98 percent

Option B) 7.37 percent

Option C) 7.54 percent

Option D) 7.67 percent

Reference no: EM132560096

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