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SWH Corporation issued bonds on January 1, 2004. The bonds had a coupon rate of 4.5%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on January 1, 2014. What is the yield to maturity for an SWH Corporation bond on January 1, 2006 if the market price of the bond on that date is $1,035?
A) 2.78%
B) 3.98%
C) 1.99%
D) 4.33%
Industrial Production The output of U.S. factories is mines, and utilities. This output constitutes the production of things like the goods, portion of goods, and the services.
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