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Dariush Enterprises' bonds currently sell for 110% of par. They have a 20-year maturity, and a coupon rate of 8.5%. What is their yield to
Dariush Enterprises' bonds currently sell for 110% of par. They have a 20-year maturity, and a coupon rate of 8.5%. What is their yield to maturity?
A. 6.15%
B. 7.52%
C. 8.50%
D. 8.70%
E. 9.53%
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