A coupon bond that pays interest of $100 annually has a par value of $1,000, matures in 5 years, and is selling today at a $72 discount from par value. The yield to maturity on the bond is:

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a)6.00%

 

b)8.33%

 

c)12.00%

 

d)60.00%

 

e)none of the options

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