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How to calculate by formula Quigley Inc.'s bonds currently sell for $1, 080 and have a par value of $1,000. They pay a $100 annual

image text in transcribedHow to calculate by formula
Quigley Inc.'s bonds currently sell for $1, 080 and have a par value of $1,000. They pay a $100 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1, 125. What is their yield to maturity (YTM) 8.56% 9.01% 9.46% 9.93%

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