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What is the YTM of a MTY bond that has a 9 1/2 percent coupon, pays interest annually, has 12 years to maturity, and sells

What is the YTM of a MTY bond that has a 9 1/2 percent coupon, pays interest annually, has 12 years to maturity, and sells for $873.18?

A) 11.8%

B) 11.5%

C) 12.98%

D) 11.3%

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