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Eastern Corporation has $1.000 par value bonds with 4 years to maturity. The bonds pay an 8% coupon rate with semi-annual coupon Interest payments. The

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Eastern Corporation has $1.000 par value bonds with 4 years to maturity. The bonds pay an 8% coupon rate with semi-annual coupon Interest payments. The bond's dosing pricu k quoted at 103.75. Suppose you purchase the bond for the closing price. What is the bonds yield to maturity? 30 VIN

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