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18 -year bond for Rusk Corporation has a market price of 1125 and a par value of 1000. If the bond has an annual interest
18 -year bond for Rusk Corporation has a market price of 1125 and a par value of 1000. If the bond has an annual interest rate of 11 percent, but pays interest semiannually, what is the bond's yield to maturity? A-The bond's yield to maturity is .
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