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A bond with $1000 par value, has a coupon rate of 7.75% with semi-annual coupon payments and 14 years of maturity. The bond is selling

A bond with $1000 par value, has a coupon rate of 7.75% with semi-annual coupon payments and 14 years of maturity. The bond is selling for $1105.55 in the market. What is the YTM of this bond?

9.35%

6.58%

8.04%

7.34%

9.90%

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