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a corporate bond has a face value of $1000, and pays a $50 coupon every six months (the bond has a 10 percent semiannual coupon).

a corporate bond has a face value of $1000, and pays a $50 coupon every six months (the bond has a 10 percent semiannual coupon). the bond matures in 12 years and sells at a price of $1,080. what is the bonds yield to maturity?
A. 8.65%
B. 8.90%
C. 9.31%
D. 10.78%
E. 8.28%

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