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Fingen's 13-year, $1,000 par value bonds pay 12 percent interest annually. The market price of the bonds is $910 and the market's required yield to

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Fingen's 13-year, $1,000 par value bonds pay 12 percent interest annually. The market price of the bonds is $910 and the market's required yield to maturity on a comparable-risk bond is 15 percent. Compute the bond's yield to maturity. Determine the value of the bond to you, given your required rate of return. Should you purchase the bond

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