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Fingen's 12-year, $1,000 par value bond pays 12% annually. The market price of the bond is $1,070 and the market's required yield to maturity on
Fingen's 12-year, $1,000 par value bond pays 12% annually. The market price of the bond is $1,070 and the market's required yield to maturity on a comparable-risk bond is 9%. What is your yield to m...
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