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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?

  • A. 4.38%

  • B. 4.41%

  • C. 5.58%

  • D. 8.9%

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