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Beachwear'n More bonds have a 9.5 percent coupon and payinterest semi-annually. Currently, the bonds are priced at$1,063.15. The company issued this 20-year bond eight years

Beachwear'n More bonds have a 9.5 percent coupon and payinterest semi-annually. Currently, the bonds are priced at$1,063.15. The company issued this 20-year bond eight years ago.What is the yield t 2 answers

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