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please show work and correct answer Model inc. has semiannual bonds in the market. 8-year semiannual bond which pays 10% coupon rate sels at $1,100.
please show work and correct answer
Model inc. has semiannual bonds in the market. 8-year semiannual bond which pays 10% coupon rate sels at $1,100. Calculate the yield to maturity on these bonds. 5% 10% 8.27% 4. 13%Step by Step Solution
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