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$ 1 , 1 2 5 , and the market's required yield to maturity on a comparable - risk bond is 4 percent. a .
$ and the market's required yield to maturity on a comparablerisk bond is percent.
a Compute the bond's yield to maturity.
b Determine the value of the bond to you given the market's required yield to maturity on a comparablerisk bond.
c Should you purchase the bond?
a What is your yield to maturity on the Waco bonds given the current market price of the bonds?
Round to two decimal places.
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