Question: 8.) a bond has $1000 par value 9 years to maturity and a 8% annual coupon and sells for $825. What is its yield to

8.) a bond has $1000 par value 9 years to maturity and a 8% annual coupon and sells for $825.

What is its yield to maturity (YTM)?

a.)10.15%

b.)8.31%

c.)8.40%

d.)8.24%

e.) 11.127%

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