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A $1,000 par bond with a 5% semi-annual coupon with 10yrs to maturity trades at $977. What is the yield to maturity? A. 4.82% B.

A $1,000 par bond with a 5% semi-annual coupon with 10yrs to maturity trades at $977. What is the yield to maturity?

  • A. 4.82%

  • B. 6.11%

  • C. 5.19%

  • D. 5.30%

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