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You find a $1,000 par bond with seven years to maturity and a 3.5% annual coupon. If the current price of the bond is $830,

You find a $1,000 par bond with seven years to maturity and a 3.5% annual coupon. If the current price of the bond is $830, what is its yield to maturity?

A. 5.24%

B. 5.94%

C. 6.61%

D. 6.57%

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