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Legacy Airport has a new bond issue with face value of $1,000, coupon rate of 8 percent, and 10 years to maturity. As an investor,

Legacy Airport has a new bond issue with face value of $1,000, coupon rate of 8 percent, and 10 years to maturity. As an investor, if you pay $850 to purchase this bond, what would be your rate of return on it, assuming interest is paid semi-annually 7.8

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