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(Solved): Sadik Inc.'s bonds currently sell for $1,300 and have a par value of $1,000. The coupon rate is 8%. ...
Sadik Inc.'s bonds currently sell for $1,300 and have a par value of $1,000. The coupon rate is 8%.The bonds have a 15-year maturity and pay coupon semiannually. What is the annualized yield to maturity?
A. 2.56%
B. 5.11%
C. 5.85%
D. 1.71%