A 9 percent semiannual coupon bond matures in 8 years.  The bond has a face value of $1,000 and a current yield (CY) of 8.64 percent.  What is the bond’s yield to maturity (YTM)?   a. 8.64%   b. 7.77%   c. 8.28%   d. 3.89%   e. 9.00%

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