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3. 32. Green Corp has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in 8 years, and have a 4% coupon.

3. 32. Green Corp has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in 8 years, and have a 4% coupon. The current price is quoted at 103. What is the yield to maturity? R=1.78 (rate) CR-4.00% UPER = 16 (HTM32) 12 PMT = (FrXCR)

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