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a corporate bond has a coupon rate of 9%, a face value of $1,000, a market price of $850, and the bond matures in 15

a corporate bond has a coupon rate of 9%, a face value of $1,000, a market price of $850, and the bond matures in 15 years. Therefore, the bond's yield matuirty is: A) 24% B) 11.1% C) 13.45% D) 9%

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