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ZY. A $1,000 face valueseven-year bond with a annual coupon of 9.00% can be purchased in the market for $1,150.00. What is the bond's yield

ZY. A $1,000 face valueseven-year bond with a annual coupon of 9.00% can be purchased in the market for $1,150.00. What is the bond's yield to maturity? (4 points) a. 5.87% b. 6.22% C. 6.29% d. 6.39% e. 6.53%

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