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25) What is the yield to maturity of a bond with the following characteristics? Coupon rate is 8% with semiannual payments, current price is $960,

25) What is the yield to maturity of a bond with the following characteristics? Coupon rate is 8% with semiannual payments, current price is $960, 3 years until maturity. A. 4.78% B. 5.48% C. 9.57% D. 12.17%

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