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9. ABC Corporation bonds have ten years remaining to maturity. Interest is paid annually, the bonds have $1,000 par value, and the coupon interest rate

9. ABC Corporation bonds have ten years remaining to maturity. Interest is paid annually, the bonds have $1,000 par value, and the coupon interest rate is 8%. Would you buy the bond if its current market price is $750 and the yield to maturity is 10%?

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