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Palmer products has outstanding bonds with an annual 6.3 percent coupon. The bonds have a par value of $1000 and a price of $759, the
Palmer products has outstanding bonds with an annual 6.3 percent coupon. The bonds have a par value of $1000 and a price of $759, the bonds will mature in 13 years. What is the yield to maturity on the bonds? A. 9.83% B. 10.03% C.9.63% D.9.93% E. 9.73%
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