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A bond with a face value of $ 1 0 0 0 and 2 0 years remaining until maturity, pays a coupon rate of 1

A bond with a face value of $1000 and 20 years remaining until maturity, pays a coupon rate of 12% compounded semiannually. What yield (compounded semiannually) to maturity is earned by an investor who purchases this bond for $850?14.29%
11.80%
13.65%
16.32%
14.94%

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