Question: 18. A bond has 10 years remaining until maturity. It offers a 7.5% coupon with semiannual interest payments. The par value is $1,000, and the

18. A bond has 10 years remaining until maturity. It offers a 7.5% coupon with semiannual interest payments. The par value is $1,000, and the current bond price is $890. What is the bond's yield to maturity

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