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What is the YTM on the following bond? 20-year; 10% annual coupon; $1,000 par value; selling for $950. 11.61% 10% 10.91% 10.61%

What is the YTM on the following bond?

20-year; 10% annual coupon; $1,000 par value; selling for $950.

11.61%

10%

10.91%

10.61%

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