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What is the yield to maturity on a $1,000 par value 8.25% bond purchased for $850? Assume the coupon is paid annually and the maturity

What is the yield to maturity on a $1,000 par value 8.25% bond purchased for $850? Assume the coupon is paid annually and the maturity is 13 years.

10.41%

10.51%

10.32%

10.63%

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