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10 QUESTION 9 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years
10 QUESTION 9 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left to maturity; it is a $1,000 par value bond paying 8 percent interest semiannually. The market price of the bond is $850. Find the yield-to-maturity of the bond. O A. 10.45% OB. 11.10% O C. 11.98% D. 12.25% O E. None of the above
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