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08-03-2024
Business

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Copperheads Corporation offers a 6.2 percent bond with a current market price of $795.50. The yield to maturity is 8.78 percent. The face value is $1,000. Interest is paid semiannually. How many years remain until the bond matures?
A) 7.5 years
B) 9.0 years
C) 10.5 years
D) 12.0 years

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