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Pizzy Corp. bonds bearing a coupon rate of 15%, pay coupons semiannually, have three years remaining to maturity, and are currently priced at $988 per

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Pizzy Corp. bonds bearing a coupon rate of 15%, pay coupons semiannually, have three years remaining to maturity, and are currently priced at $988 per bond. What is the yield to maturity? Select one: a. 15.52% O b. 15.57% c. 15.25% d. 15.99% e. 16.21%

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