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Last year, Get Your Crayons Childrens' Hospital issued 20-year 8-percent coupon bonds.If today the yield to maturity on the bonds is 11 percent, then the
Last year, Get Your Crayons Childrens' Hospital issued 20-year 8-percent coupon bonds.If today the yield to maturity on the bonds is 11 percent, then the GYCCH bonds must be
Group of answer choices
Discount bonds.
A bad investment.
Premium bonds.
Tax deductible.
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