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PVA Co.Issued 15-year bonds one year ago at a coupon rate of 7.8%. The bonds make semiannual payments. If current bonds sell for 92 percent

PVA Co.Issued 15-year bonds one year ago at a coupon rate of 7.8%. The bonds make semiannual payments. If current bonds sell for 92 percent of par value, what is the YTM 8.54% 4.38% 8.805% 8.7796

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