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Intro Compact Inc has a bond outstanding with 15 years to maturity, a $1,000 par value, a coupon rate of 6.2%, with coupons paid semiannually,

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Intro Compact Inc has a bond outstanding with 15 years to maturity, a $1,000 par value, a coupon rate of 6.2%, with coupons paid semiannually, and a price of 92.64 (percent of par), Attempt 1/1 for 10 pts. Part 1 What is the yield to maturity on this bond? 3+ decimals Submit ADOU Contact Instructor Guide Privacy

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