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10 points ix years ago, ATP Co. issod boeds with a 40 -year maturity then and at a coupon rato of 6.7 percent. If the

10 points ix years ago, ATP Co. issod boeds with a 40 -year maturity then and at a coupon rato of 6.7 percent. If the YTM on these bonds is 7.8 percent, what is the cument yield? Show your

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