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13. Dizzy Corp. bonds bearing an annual coupon rate of 8%, pay coupons semiannually, have 3 years remaining to maturity, and are currently priced at

13. Dizzy Corp. bonds bearing an annual coupon rate of 8%, pay coupons semiannually, have 3 years remaining to maturity, and are currently priced at $857 per bond. What is the yield to maturity? (The bond has a face value of $1,000).

A) 14.00% C) 18.00% B) 16.00% D) 20.00%

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