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. A six - year annual payment corporate bond with an 8 percent coupon has a current market value of $ 9 5 3 .

. A six-year annual payment corporate bond with an 8 percent coupon has a current market value of $953.70. What is the bond's YTM?
A)8.00 percent
B)10.21 percent
C)9.98 percent
D)9.03 percent
E)3.53 percent

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