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Nitreca Chemicals Inc. issues nine - year, AA - rated bonds. What is the yield on one of these bonds? Disregard cross - product terms;

Nitreca Chemicals Inc. issues nine

-

year, AA

-

rated bonds. What is the yield on one of these bonds? Disregard cross

-

product terms; that is

,

if averaging is required, use the arithmetic average.

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