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A bond has a par value of $ 1 , 0 0 0 , a time to maturity of 2 0 years, a coupon rate

A bond has a par value of $1,000, a time to maturity of 20 years, a coupon rate of 10% with interest paid annually, a current price of $850, and a yield to maturity of 12%. Intuitively and without using calculations, if interest payments are reinvested at 10%, the realized compound yield on this bond must be:
A) None of the options are intuitively correct.
B)10.00%.
C)12.00%.
(D)10.90%.
E)12.45%.
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