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A five-year bond has an 8 per cent coupon rate and a face value of $1,000. If the current price of the bond is $819.76,

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A five-year bond has an 8 per cent coupon rate and a face value of $1,000. If the current price of the bond is $819.76, calculate the yield to maturity of the bond (assuming annual interest payments). a. 12 per cent O 6.8 per cent O c.6 per cent d. None of these options 10 per cent

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