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Fingen's 1 8 - year, $ 1 comma 0 0 0 par value bonds pay 9 percent interest annually. The market price of the bonds
Fingen's year, $ comma par value bonds pay percent interest annually. The market price of the bonds is $ and the market's required yield to maturity on a comparablerisk bond is percent.
aCompute the bond's yield to maturity.
bDetermine the value of the bond to you, given your required rate of return.
cShould you purchase the bond?
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