Question: What is the correct answer - A bond with market price $ 1 0 4 matures at par in 5 years' time. If it has

What is the correct answer -A bond with market price $104 matures at par in 5 years' time. If it has a coupon of 3.625% the bond's yield to maturity is closest to:
a)3%
b)3.625%
c)2.75%
d)2%

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