Question: Assume a 1 , 0 0 0 face value bond with 2 5 years left until maturity. If the coupon rate is 8 % ,

Assume a 1,000 face value bond with 25 years left until maturity. If the coupon rate is 8%, paid semi-annually, and the current yield is 8.85%, what should be the yield to maturity on this bond?
8.75%
8.17%
8.97%
8.00%

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