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A bond makes an annual coupon interest payment of 7 % . The bond has a par value of $ 1 , 0 0 0

A bond makes an annual coupon interest payment of 7%. The bond has a par value of $1,000. The bond is selling for $1,400, and it will mature in 10 years. The yield to maturity on these bonds is?(Hint: This is an annual coupon bond)
2.44%
3.14%
2.17%
3.19%
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