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please answer quickly! Palmer Products has outstanding bonds with an annual 10.7 percent coupon. The bonds have a par value of $1,000 and a price

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Palmer Products has outstanding bonds with an annual 10.7 percent coupon. The bonds have a par value of $1,000 and a price of $1,158. The bonds will mature in 15 years. What is the yield to maturity on the bonds? 8.27% 7.77% 6.77% 7.27% 8.77%

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