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A firm just issued a 20-year bond paying 10% coupon once a year. If the bond has a face value of $1,000, and is being

A firm just issued a 20-year bond paying 10% coupon once a year. If the bond has a face value of $1,000, and is being sold at $1,137.30, what is its yield to maturity?

Group of answer choices

10.23%

8.72%

8.54%

10.31%

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