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A 30-year maturity bond with a face value of $1,000 makes annual coupon payments and has a coupon rate of 8.0%. What is the bond's
A 30-year maturity bond with a face value of $1,000 makes annual coupon payments and has a coupon rate of 8.0%. What is the bond's yield to maturity if the bond is selling for $900? A. 8.97% B. 9.00% C. 4.48% D. 8.00%
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