What is the yield to maturity of five-year

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Reference no: EM13870673

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%

Reference no: EM13870673

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