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Marshall Inc. has 6% annual coupon bonds outstanding with a current price of $850 and a par value of $1,000. If there are 15 years
Marshall Inc. has 6% annual coupon bonds outstanding with a current price of $850 and a par value of $1,000. If there are 15 years to maturity, what is the bond's yield-to-maturity?
3.85% 7.72% 6.20% 4.39% 8.34%
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