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Question
Alaskan Motors has outstanding bonds that mature in 13 years and pay $34.50 every 6 months in interest. The par value is $1,000 per bond and the market value is $990. The coupon rate is _____ percent, the current yield is _____ percent, and the yield to maturity is _____ percent.A. 6.90; 6.57; 6.67
B. 6.90; 6.73; 6.71
C. 6.90; 6.97; 7.02
D. 7.00; 7.37; 7.07
E. 7.00; 7.67; 7.21
Answer
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