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Suppose Crystal pays $940, at issuance, to purchase a 10 -year bond with a par value of $1,000 and a 7 percent coupon and holds

Suppose Crystal pays $940, at issuance, to purchase a 10 -year bond with a par value of $1,000 and a 7 percent coupon and holds the bond to maturity. What is her yield to maturity? 7.42% 8.21% 0.60%

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