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What is the yield to maturity on a 10-year $1000 par T-Bond with a 4% annual coupon rate and a price quote of 96-10? (use

What is the yield to maturity on a 10-year $1000 par T-Bond with a 4% annual coupon rate and a price quote of 96-10? (use semiannual compounding) Select one:

a. 4.46%

b. 3.64%

c. 4.28%

d. 3.86%

e. 4.00%

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