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A corporate bond is currently selling for $850. The bond matures in 20 years, has a face value of $1,000, and a yield to maturity
A corporate bond is currently selling for $850. The bond matures in 20 years, has a face value of $1,000, and a yield to maturity of 14.29%. The bond's coupon rate is
10%
11%
12%
13%
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