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In 2010, My Company issued bonds that will mature in 10 years. They have face value of $1000 and a coupon rate of 6.0%pa paid
In 2010, My Company issued bonds that will mature in 10 years. They have face value of $1000 and a coupon rate of 6.0%pa paid semi-annually. Exactly 4 years later the bonds are trading at a price of $1,041. What is the current market yield for these bonds
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