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( 2 0 1 0 - 3 ) 1 8 . Bonds issued by the Coleman Manufacturing Company have a par value of $ 1
Bonds issued by the Coleman Manufacturing Company have a par value of $ which of course is also the amount of principal to be paid at maturity. The bonds are currently selling for $ They have years remaining to maturity. The annual interest payment is percent $ Compute the yield to maturity.
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