Question: ABC 10-year, $1,000 face value bonds have a current yield of 8.5% and the coupon rate is 10% paid semi-annually. What is the YTM? 6.55%

ABC 10-year, $1,000 face value bonds have a current yield of 8.5% and the coupon rate is 10% paid semi-annually. What is the YTM? 6.55% 7.01% 7.46% 8.34%

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