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5. Darr Enterprises just issued 30-year, $1,000 face value bonds. These bonds have a coupon rate of 7% and interest payments are made semi-annually. If
5. Darr Enterprises just issued 30-year, $1,000 face value bonds. These bonds have a coupon rate of 7% and interest payments are made semi-annually. If these bonds sell for $935, what will the yield to maturity be?
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