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Calculate the YTM for the following bonds. a. A 12 percent, 20-year bond with a current price of $975 b. A 6-percent, 10-year bond with

Calculate the YTM for the following bonds.

A 12 percent, 20-year bond with a current price of $975

A 6-percent, 10-year bond with a current price of $836

A 9-percent, 8-yera bond with a current price of $714

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