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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 $876.45 in the market. What is the YTM of this bond?

		9.35%
		8.04%
		6.58%
		7.34%
		9.90% Will Rate!! Thanks!!

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