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7-22. (Yield to maturity) Assume the market price of a 5 year bond for Margaret, Inc. is $900, and it has a par value of
7-22. (Yield to maturity) Assume the market price of a 5 year bond for Margaret, Inc. is $900, and it has a par value of $1,000. The bond has an annual interest rate of 6 percent that is paid semiannually. What is the yield to maturity of the bond
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