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(3 Points) The 8 percent annual coupon bonds of TPO, Inc. are selling for $1,000. The bonds have a face value of $1,000 and mature

(3 Points) The 8 percent annual coupon bonds of TPO, Inc. are selling for $1,000. The bonds have a face value of $1,000 and mature in 6.5 years. What is the yield to maturity

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