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Dolphins Corp has a 20 year bond issue outstanding that pays an 8.5 percent coupon and matures in 18.5 years. The bonds have a market
Dolphins Corp has a 20 year bond issue outstanding that pays an 8.5 percent coupon and matures in 18.5 years. The bonds have a market price of $934.20. What is the annual yield to maturity? 0163 percent
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