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Ocean Breeze, Inc. issued a 35 -year bond 15 years ago that now sells for $1,120 with a par value of $1,000. It has a
Ocean Breeze, Inc. issued a 35 -year bond 15 years ago that now sells for $1,120 with a par value of $1,000. It has a coupon of 3.35% paid semiannually. What is the yield to maturity of the bond? 2.58 percent 3.47 percent 4.42 percent 11.00 percent
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