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Pro & Gamble has outstanding an issue of $1,000 face value, 12 5/8% coupon bonds that mature in 14 years. Calculate the bonds yield-to-maturity if

Pro & Gamble has outstanding an issue of $1,000 face value, 12 5/8% coupon bonds that mature in 14 years. Calculate the bonds yield-to-maturity if its current market price is: Excel

a. $ 875

b. $ 950

c. $1,000

d. $1,080

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