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A bond with a 7-year maturity and 5.5% coupon rate is selling for $1032.88. What is the yield to maturity of the bond? Group of

A bond with a 7-year maturity and 5.5% coupon rate is selling for $1032.88. What is the yield to maturity of the bond? Group of answer choices 6.88% 4.94% 2.47% 3.44%

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