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llar 10) Question Help You notice in the WSJ a bond that is currently selling in the market for $1,081 with a coupon of 11%

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llar 10) Question Help You notice in the WSJ a bond that is currently selling in the market for $1,081 with a coupon of 11% and a(n) 16-year maturity. Using annual compounding, calculate the promised yield on this bond. The bonds promised yield is % (Round to two decimal places)

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