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A corporate bond has a face value of $1,000, and pays a $41 coupon semiannually (that is, the bond has a 8.2 percent coupon). The

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A corporate bond has a face value of $1,000, and pays a $41 coupon semiannually (that is, the bond has a 8.2 percent coupon). The bond matures in 20 years and sells at a price of $1,112. What is the bond's nominal yield to maturity? 6.64% 7.14% 7.64% 8.14% 8.64%

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