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8. A coupon bond that pays interest of $100 annually has a par value of $1,000, matures in 5 years, and is selling today at

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8. A coupon bond that pays interest of $100 annually has a par value of $1,000, matures in 5 years, and is selling today at a $72 discount from par value. The yield to maturity on this bond is A. 6.00% B. 8.33% C. 12.00% D. 60.00% E. None of these is correct

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