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A semiannual bond with 15 years remaining until maturity is currently selling for $1,125 and pays a coupon of $50 per year ($25 semiannually). The

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A semiannual bond with 15 years remaining until maturity is currently selling for $1,125 and pays a coupon of $50 per year ($25 semiannually). The annual yield to maturity is closest to: 1.75%. 3.89%. 4.03%. 5.53%

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