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D. Chow Director Corp bonds have 12 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate
D. Chow Director Corp bonds have 12 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 9% and the bond is currently selling for $943. What is the bond's yield to maturity? O none of the available choices 8.71% O 10.50% O 1.42% 9.83%
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