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A 10-years Treasury bond paying a 5% coupon annually is priced at USD 92.64. What is the yield to maturity? (a) 5.00% (b) 5.50% (c)

A 10-years Treasury bond paying a 5% coupon annually is priced at USD 92.64. What is the yield to maturity?

(a) 5.00%

(b) 5.50%

(d) 4.50%

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