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4. Bond Yields The Petit Chef Co. has 7 percent coupon bonds on the market with nine years left to maturity. The bonds make annual

4. Bond Yields The Petit Chef Co. has 7 percent coupon bonds on the market with nine years left to maturity. The bonds make annual payments and have a par value of $1,000. If the bonds currently sell for $1,038.50, what is the YTM

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