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Broke Benjamin Company has a bond outstanding that makes semiannual payments with a coupon rate of 6.1 percent. The bond sells for $1,008.82 and matures
Broke Benjamin Company has a bond outstanding that makes semiannual payments with a coupon rate of 6.1 percent. The bond sells for $1,008.82 and matures in 17 years. The par value is $1,000. What is the YTM of the bond
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