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A bond has ten years to maturity, a $1,000 face value, and a 6.0% coupon rate with annual coupons. What is its yield to maturity

A bond has ten years to maturity, a $1,000 face value, and a 6.0% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at $900?

a) 7.45%

b) 8.45%

c) 9.45%

d) 6.45%

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