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Company X has an outstanding bond with a $1,000 face value and a 9% coupon rate of interest paid semiannually. The bond, which was issued

Company X has an outstanding bond with a $1,000 face value and a 9% coupon rate of interest paid semiannually. The bond, which was issued 22 years ago, matures in eight years. IF the current price of the bond is $1,339, then what is the Yield to Maturity?

Group of answer choices

15.74%

31.48%

12%

21.58%

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