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A $1,000 par bond with a 4.5% semi-annual coupon and 11 years to maturity trades at a price of $1.085. What is the bonds yield

A $1,000 par bond with a 4.5% semi-annual coupon and 11 years to maturity trades at a price of $1.085. What is the bonds yield to maturity? A. 3.56% OB. 1.78% C. 5.07% D. 4.18%

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