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aved Question 3 (1 point) A bond has a $1,000 par value, 10 years to maturity, and a 7% annual coupon and sells for 985.

aved Question 3 (1 point) A bond has a $1,000 par value, 10 years to maturity, and a 7% annual coupon and sells for 985. What is its yield to maturity (YTM)? A) 7.22% B) 7.14% C) 3.29% D) 7.37%

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