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A 20-year bond with a par value of $1,000 and an annual coupon rate of 5.5% currently trades at $870. It has a yield to

A 20-year bond with a par value of $1,000 and an annual coupon rate of 5.5% currently trades at $870. It has a yield to maturity of: 7.9% 6.7% 7.5%

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