Question: QUESTION 7 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left

 QUESTION 7 Based on your risk assessment, your required rate of

QUESTION 7 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left to maturity, it is a $1,000 par value bond paying 8 percent interest semiannually. The market price of the bond is $850. Find the yield-to-maturity of the bond. O A. 8.46% OB. 9.13% O C.9.5% OD. 10.45% O E.12.20%

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