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What is the yield to maturity of a bond that pays an 5% coupon rate with annual coupon payments, has a par value of $1,000,
What is the yield to maturity of a bond that pays an 5% coupon rate with annual coupon payments, has a par value of $1,000, matures in 15 years, and is currently selling for $850? O 6.6% 7.5% 7.6% 5.7%
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