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lancaster inc issued bonds with a coupon rate of 8% that is paid semiannually. the bonds mature in 3 years and have $1000 face value.

lancaster inc issued bonds with a coupon rate of 8% that is paid semiannually. the bonds mature in 3 years and have $1000 face value. what is the yield to maturity of these bonds if they are selling for 930 each

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