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Posted on Jul 27, 2024

Currently, the price of a 9 year, $ 1 0 0 0 par value, 8 % semi - annual coupon bond is $ 8 7

Currently, the price of a

9

year, $

1000

par value,

8 %

semi

-

annual coupon bond is $

872.00 .

What is this bond

s current yield to maturity?

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