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What is the yield to maturity of an 8 year, $5000 bond with a 4.8% coupon rate and semiannual coupons if this bond is currently

What is the yield to maturity of an 8 year, $5000 bond with a 4.8% coupon rate and semiannual coupons if this bond is currently trading for a price of $4,683.56?

A.

6.92%

B.

8.07%

C.

5.77%

D.

2.88%

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