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Joe's issued an 8 percent coupon bond, payable semiannually. The bonds mat rs and have a $1,000 face value. Currently, the bonds sell for $960.46.

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Joe's issued an 8 percent coupon bond, payable semiannually. The bonds mat rs and have a $1,000 face value. Currently, the bonds sell for $960.46. What yield? 7 percent 2 percent percent percent percent Joe's issued an 8 percent coupon bond, payable semiannually. The bonds mat rs and have a $1,000 face value. Currently, the bonds sell for $960.46. What yield? 7 percent 2 percent percent percent percent

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