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A $1000 bond with a coupon rate of 10%, interest paid semiannually, matures in eight years, and sells for $1120. What is the yield to

A $1000 bond with a coupon rate of 10%, interest paid semiannually, matures in eight years, and sells for $1120. What is the yield to maturity? 7.94% 10.81% 7.65% 11.02%

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