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What rate of return ( yield to maturity) would you realize if you bought a $1,000 par value bond, paying an 8% coupon rate of

What rate of return ( yield to maturity) would you realize if you bought a $1,000 par value bond, paying an 8% coupon rate of interest ( paid annually and maturing in five years, at a price of $1,100.05

  1. 12.95%
  2. 7.0%
  3. 6.65%
  4. 5.65%

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