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A Moving to the next question prevents changes to this answer. stion 14 7 points XYZ corporation sold an issue of 20-year $1,000 par bonds.

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A Moving to the next question prevents changes to this answer. stion 14 7 points XYZ corporation sold an issue of 20-year $1,000 par bonds. The bonds pay 5% interest, semiannually. Today's required rate of return is 11%. What is the expected current yleld of the bonds today? Answer can not be found. a b 7.79% 9.64% d 10.87 e 10.64% & 3 5 6 7 LO

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