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A 6-year bond pays 10 interest on a $1000 face value annually. If it currently sells for $1,135, what is its approximate yield to maturity?

A 6-year bond pays 10 interest on a $1000 face value annually. If it currently sells for $1,135, what is its approximate yield to maturity?(Do not round intermediate calculations.)

6.67

8.67

8.17

7.17

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