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27-02-2024
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Telus has a semi-annual pay bond outstanding with a coupon rate of 6.8%, face value of $1,000, and 6 years to maturity. The present value of the bond is $900. What is the yield to maturity (YTM) ?
a) 7.55%
b) 7.80%
c) 8.00%
d) 8.25%

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