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A corporate bond matures in 15 years and is priced at $762. The coupon rate is 4.75 percent with interest paid semiannually. What is the

A corporate bond matures in 15 years and is priced at $762. The coupon rate is 4.75 percent with interest paid semiannually. What is the yield to maturity on the bond?

9.50 percent

4.75 percent

7.40 percent

3.70 percent

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