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A discount bond has a $1,000 face value and 1 year left in maturity. If it is selling for $950, then its yield to maturity

A discount bond has a $1,000 face value and 1 year left in maturity. If it is selling for $950, then its yield to maturity is__________.

Select one:

5.00%

5.26%

6.00%

6.25%

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