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A bond has nine years to maturity, a $2,000 face value, and a 6.2% coupon rate with annual coupons. What is its yield to maturity

A bond has

nine

years to maturity, a

$2,000

face value, and a

6.2%

coupon rate with annual coupons. What is its yield to maturity if it is currently trading at

$1,609?

A.

13.35%

B.

7.63%

C.

11.44%

D.

9.54%

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