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EVALUATING ANNIE HEGGS PROPOSED INVESTMENT IN ATILIER INDUSTRIES BONDS Assume that Annie buys the bond at its current closing price of 98.38 and holds it

EVALUATING ANNIE HEGGS PROPOSED INVESTMENT IN ATILIER INDUSTRIES BONDS

Assume that Annie buys the bond at its current closing price of 98.38 and holds it until maturity. What will her yield to maturity (YTM) be assuming annual interest?

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