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1. A P9,500 par value bond was issued by Ube, Inc. Has 16 years to maturity. The bond pays P741 a year in interest and

1. A P9,500 par value bond was issued by Ube, Inc. Has 16 years to maturity. The bond pays P741 a year in interest and is selling for P8,360.00. What is the approximate yield to maturity? If the firm ...

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