=+LG 6 P622 Yield to maturity Each of the bonds shown in the following table pays interest

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=+LG 6 P6–22 Yield to maturity Each of the bonds shown in the following table pays interest annually.

Bond Par value Coupon rate Years to maturity Current value A $ 400 9% 10 $ 375 B 300 10 18 300 C 1,000 10 14 1,200 D 100 10 12 120 E 2,000 6 4 1,800

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