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a bond has the following information: annual 8 percent coupon rate, a maturity of 8 years, a face value of $1,000, and makes quarterly payments.

a bond has the following information: annual 8 percent coupon rate, a maturity of 8 years, a face value of $1,000, and makes quarterly payments. if the price is $934.96, the annual nominal yield to maturity on the bond is close to?

A. 9.16%

B. 4.5%

C. 9.00%

D. 0.25%

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