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7. Minneapolis Health System has bonds outstanding that have four years remaining to maturity, a coupon interest rate of 9% paid annually, and a $1,000

7. Minneapolis Health System has bonds outstanding that have four years remaining to maturity, a coupon interest rate of 9% paid annually, and a $1,000 par value. What is the yield to maturity on the issue if the current market price is $1,104? Choice: 6.00% Choice: 8.00% Choice: 10.00% Choice: 12.00%

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