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10 and 11 10. A bond has a 3.9% annual coupon and a par value of $1,000. It matures in 12 years and is currently

10 and 11
10. A bond has a 3.9% annual coupon and a par value of $1,000. It matures in 12 years and is currently selling for $823.97. What is the yield (or market rate) for this bond? 11. A zero coupon bond matures in 7 years, has a par value of $1,000 and is selling for $831.10. What is the bond's yield (or market rate)

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