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Posted on Sep 09, 2024

Megan Corp. bonds bear a coupon rate of 4 . 5 % , pay coupons seminannually, have ten years remaining to maturity, and a bond

Megan Corp. bonds bear a coupon rate of

4.5 %,

pay coupons seminannually, have ten years remaining to maturity, and a bond quote of

99 .

What is the yield to maturity?

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