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12-year bonds issue by Kemp Corporation make coupon payments semiannually at the annual rate of 6.5%. The bonds are currently sold at $884.95 with a

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12-year bonds issue by Kemp Corporation make coupon payments semiannually at the annual rate of 6.5%. The bonds are currently sold at $884.95 with a par value of $1,000 per share. What is the yield to maturity? Multiple Choice 8.01% 727% 14.07% 14 56% 7.80%

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