Question: Consider a coupon bond that has a $1,000 face value and a coupon rate of 10%. Suppose the bond is currently selling for $1,044.89 and

Consider a coupon bond that has a $1,000 face value and a coupon rate of 10%. Suppose the bond is currently selling for $1,044.89 and has two years to maturity. What is the bond's YTM?

7.50%

12.12%

7.98%

10%

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