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The Pioneer Petroleum Corporation has a bond outstanding with an $50 annual interest payment, a market price of $830, and a maturity date in five

The Pioneer Petroleum Corporation has a bond outstanding with an $50 annual interest payment, a market price of $830, and a maturity date in five years. Assume the par value of the bond is $1,000.

A. Coupon Rate B. Current Yield C. Approximate yield to maturity D. Exact yield to maturity

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