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QUESTION 32 The bonds issued by United Corp. bear a coupon of 8 percent. payable semiannually. The bond matures in 19 years and has a

QUESTION 32 The bonds issued by United Corp. bear a coupon of 8 percent. payable semiannually. The bond matures in 19 years and has a $1,000 face value. Currently, the bond sells at $981. The yield to maturity (YTM) is

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