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A bond with a $95 annual coupon, maturing in 10 years at a value of $1,000 has a current market price of $950. What is

A bond with a $95 annual coupon, maturing in 10 years at a value of $1,000 has a current market price of $950. What is the yield to maturity of the bond?

Select one:

A.10.9%

B.10.3%

C.9.5%

D.9.4%

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