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What is the yield to maturity on a bond that matures in seven years, has a par value of $1,000, a coupon rate of 14%,

What is the yield to maturity on a bond that matures in seven years, has a par value of $1,000, a coupon rate of 14%, and is currently selling for $911? Assume annual coupon payments. a. 7.81% O b. 15.36% O c. 15.61% O d. 16.22%

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