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A company has issued a bond with an annual coupon rate of 8.25% at a market price of $1,004.6 with a face value of $1,000. The company's bond has a maturity of 17.5 years. The yield to maturity for this bond is closest to which of the options?
8.45%
8.20%
7.97%
7.82%
8.25%

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