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please answer the second part as well discussing why! thank you. The bonds issued by Manson amp; Son bear a coupon of 6 percent, payable
please answer the second part as well discussing why! thank you. The bonds issued by Manson amp; Son bear a coupon of 6 percent, payable semiannually. The bond matures in 15 years and has a $1,000 face value. Currently, the bond sells at par. What is the yield to maturity? Is this a premium or discount bond and why
please answer the second part as well discussing why! thank you.
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