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on A General Co. bond has an 8 percent coupon and pays interest annually. The face value is $1,000 and the current market price is

on A General Co. bond has an 8 percent coupon and pays interest annually. The face value is $1,000 and the current market price is $1,020.50. The bond matures in 20 years. What is the yield to maturity? 7.79% OB 7.98% 8.23% 0 9.43% OL none

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