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A Macrohard Corp. bond carries an 8 percent coupon, paid semiannually. The par value is $ 1 , 0 0 0 , and the bond
A Macrohard Corp. bond carries an percent coupon, paid semiannually. The par value is
$ and the bond matures in six years. If the bond currently sells for $ what is its
percentage yield to maturity?
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