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A bond is currently priced at $900 on a par value of $1,000. Its term to maturity is 10 years and its coupon rate is

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A bond is currently priced at $900 on a par value of $1,000. Its term to maturity is 10 years and its coupon rate is 8% (stated annually, paid semiannually). If you buy the bond, and hold it to maturity, what would be the yield to maturity? a. 10.25% b. 9.58% c. 8.00% d. 9.00%

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