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Oe. r = 0.158 r = Question 11 (1 point) A 14-year bond pays 12.5% interest on a $1,000 face value annually. If it currently
Oe. r = 0.158 r = Question 11 (1 point) A 14-year bond pays 12.5% interest on a $1,000 face value annually. If it currently sells for $1110, what is its approximate yield to maturity? a. y = 0.125 b.y = 0.0929 c. None of the above/below answers d. Y 0.1366 e.y = 0.1093
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