Question: find the yield to maturity for a 1,000 face value bond selling for 1,011 that matures in 5 years and pays a 9% coupon at

find the yield to maturity for a 1,000 face value bond selling for 1,011 that matures in 5 years and pays a 9% coupon at the end of each year?
a. 7.76%
b. 8.72%
c. 8.56%
d. 9.32%

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