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7. A bond that makes semi-annual coupon payments has a coupon rate of 8% and a face value of $1,000. The bond has four years

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7. A bond that makes semi-annual coupon payments has a coupon rate of 8% and a face value of $1,000. The bond has four years to maturity and is selling for a price of $1,043.80. What is the yield to maturity on this bond? A. 4.44% B. 2.83% (C.) 3.37% D. 6.48% E. 6.73%

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