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McCoy Industries bonds currently sell for $ 1 , 3 0 2 . 4 0 and have a $ 1 , 0 0 0 par

McCoy Industries bonds currently sell for $1,302.40 and have a $1,000 par value. They have a 6.25% annual coupon rate and a 10-year maturity. What is the bonds yield to maturity?
a.1.33%
b.2.00%
c.2.75%
d.4.02%

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