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Company B issued bonds on January 1, 2000. The bonds had a coupon rate of 11%, with interest paid semiannually. The face value of the

Company B issued bonds on January 1, 2000. The bonds had a coupon rate of 11%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on January 1, 2025. What is the yield to maturity for a PBJ Corporation bond on January 1, 2018 if the market price of the bond on that date is $925?

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