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) Mr. Barnes buys a bond at the current market price of 939. The face value of the bond is 1,000, the annual coupon rate
) Mr. Barnes buys a bond at the current market price of 939. The face value of the bond is 1,000, the annual coupon rate of 10% is paid quarterly and 12 years is left until the maturity date. Compute the yield to maturity of this bond. (10 points)
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