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A $1,000 par bond with a 8% semi-annual coupon trades at a price of $1,288. If the bond has 10 years to maturity, what is
A $1,000 par bond with a 8% semi-annual coupon trades at a price of $1,288. If the bond has 10 years to maturity, what is the yield to maturity?
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A. 4.38%
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B. 4.41%
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C. 5.58%
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D. 8.9%
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