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_____ 16. A bond has a par value of $1,000 and a stated rate of interest of 10% and it matures in 10 years. The

_____ 16. A bond has a par value of $1,000 and a stated rate of interest of 10% and it matures in 10 years. The bond is currently selling in the market at a price of $900. The YTM on this bond is

A. 10.67%

B. 11.75%

C. 10.00%

D. 10.42%

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