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Five years ago, Blue Ltd sold of $1000 par value that had an original maturity of 13 years and a coupon rate of 10%. Today

Five years ago, Blue Ltd sold of $1000 par value that had an original maturity of 13 years and a coupon rate of 10%. Today these bonds are selling for $1,120. Determine the yield-to-maturity. 10.29% 9.77% 8.55% 7.92% 8.44%

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