Question: A trader can purchase bonds with 10 years until maturity, a par value of $1,000, and an 8 percent annualized coupon rate for $1,100. The

A trader can purchase bonds with 10 years until maturity, a

A trader can purchase bonds with 10 years until maturity, a par value of $1,000, and an 8 percent annualized coupon rate for $1,100. The yield to maturity is percent. A) 6.6 B) 7.84 ) C) 8.00 D) none of the above

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