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builtrite bonds have the following: 7 5/8% coupon, 22 years until maturity, 1000 par and currently selling at 1044. if you purchase this bond, what

builtrite bonds have the following: 7 5/8% coupon, 22 years until maturity, 1000 par and currently selling at 1044. if you purchase this bond, what would be your AYTM

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