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b What is the yield to maturity on a bond that pays annual coupon rate of 12%, has a par value of $1,000, matures in

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What is the yield to maturity on a bond that pays annual coupon rate of 12%, has a par value of $1,000, matures in 10 years, and is selling for $911? 7.28% 6.8% 12% O 13.7% None of the Above

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