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help fast will leave good rating Mary wants to invest her recent bonus in a 17 -year bond that pays a coupon of 12 percent

help fast will leave good rating

Mary wants to invest her recent bonus in a 17 -year bond that pays a coupon of 12 percent semiannually. The bonds are selling at $945.37 today. If she buys this bond and holds it to maturity, what would be her yield? 6.5% 7.2% 7.9% 8.6% 9.6% 8.4%

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