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10) What is the yield to maturity of a 7% annual coupon bond, maturing in exactly 10-years, bought at a price of par. Pick the

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10) What is the yield to maturity of a 7% annual coupon bond, maturing in exactly 10-years, bought at a price of par. Pick the closest answer. a) 5.00% b) 6.00% c) 7.00% d) 8.00%

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