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Cornerstone Industries has a bond outstanding with an 8% coupon rate (APR) and a market price of $870.72. If the bond matures in 6 years

Cornerstone Industries has a bond outstanding with an 8% coupon rate (APR) and a market price of $870.72. If the bond matures in 6 years and interest is paid semi- annually, what is the YTM (as an APR)? 10.9% 5.5% 11.1% 11.0%

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