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1) The 6.5 percent annual coupon bonds of IPO, Inc. are selling for $1,097. The bonds have a face value of $1,000 and mature in

1) The 6.5 percent annual coupon bonds of IPO, Inc. are selling for $1,097. The bonds have a face value of $1,000 and mature in 8 years. What is the yield to maturity? ____% If the bond were to make...

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