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What is the approximate yield-to-maturity (per $100 face value) for an annual bond, with a 7% coupon rate, a current market price of 107.50, and
What is the approximate yield-to-maturity (per $100 face value) for an annual bond, with a 7% coupon rate, a current market price of 107.50, and 5 years to maturity.
5.30%
5.50%
6.15%
8.19%
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