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(13) A $1,000 par value bond , offering a coupon interest rate of 10 percent per year paid semiannually , matures in 20 years .What

(13) A$1,000 par value bond, offering a coupon interest rate of10 percent per year paid semiannually, matures in20 years.What is theYTMthat corresponds to a bond price of$1,092.01?

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