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2) Semiconductor Company has a $1,000 par value bond with an annual coupon rate of 9% for which the interest is paid semiannually. The bond

2) Semiconductor Company has a $1,000 par value bond with an annual coupon rate of 9% for which the interest is paid semiannually. The bond currently sells for $1,223.17. The YTM on similar bonds is 6 %. How many years are left to the maturity of the bond? A) 10 B) 20 C) 15 D) 30

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