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Please answer this question and provide explanation for each step N? PV? PMT? FV? For i BCD's $1,000 par value bonds currently sell for $798.50.

Please answer this question and provide explanation for each step

N? PV? PMT? FV? For i

BCD's $1,000 par value bonds currently sell for $798.50. The coupon rate is 10%, paid semiannually. If the bonds have five years before maturity, what is the yield to maturity or expected rate of return?

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