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Manta Corp has a bond issue outstanding that pays a 9.25 percent coupon and matures in 15 years. The bonds have a par value of
Manta Corp has a bond issue outstanding that pays a 9.25 percent coupon and matures in 15 years. The bonds have a par value of $1,000 and a market price of $1,236.16. Interest is paid semiannually. What is the yield to maturity? Question 16 options:
7.06%
6.93%
6.73%
6.12%
7.30%
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