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Five years ago, Austin's Auto Shop issued 17-year bonds at acoupon rate of 9.2 percent with semiannual coupon payments. Thesebonds have a yield to maturity
Five years ago, Austin's Auto Shop issued 17-year bonds at acoupon rate of 9.2 percent with semiannual coupon payments. Thesebonds have a yield to maturity of 10.1 percent. Assuming the facevalue i 2 answers
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