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

A corporate bond has a semiannual coupon rate of 9%, a face value of $1,000, a market price of $850, and the bond matures in 15 years. Therefore, the bonds yield to maturity is __________.

5.54%

6.04%

12.10%

11.07%

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