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New England College HCA3010 Financial Management of Healthcare Problem #5 (10 points) Acme Healthcare has a bond issue outstanding with 8 years remaining to maturity,

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New England College HCA3010 Financial Management of Healthcare Problem #5 (10 points) Acme Healthcare has a bond issue outstanding with 8 years remaining to maturity, a coupon rate of 10 percent with interest paid annually, and a par value of $1000. If the current market price of the bond issue is $814.45, what is the yield to maturity on this bond

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