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On 1 1 ? 2 0 2 0 , Jetlag Corp. purchased 8 % bonds with a par value of $ 5 0 , 0
On Jetlag Corp. purchased bonds with a par value of $ The bonds
pay interest semiannually at the end of each period and mature on Jetlag
purchased the bonds for $
What is the ANNUAL yield market rate for these bonds? Enter your answer as number
without the percentage sign eg would be entered as
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