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A 10-years Treasury bond paying a 5% coupon annually is priced at USD 85.95. What...

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Finance

A 10-years Treasury bond paying a 5% coupon annually is priced at USD 85.95. What is the yield to maturity? Choose the best answer.

(a) 7.00% (b) 5.00% (c) 6.00% (d) 4.50%

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