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Question 34 (3 points) Bayshore Inc. has a bond issue outstanding with a face value of $1000 and a 7% coupon rate (paid semi-annually). Today

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Question 34 (3 points) Bayshore Inc. has a bond issue outstanding with a face value of $1000 and a 7% coupon rate (paid semi-annually). Today these bonds have a market value of $1,100, and will mature 18 years from now. Suppose you decide to purchase these bonds today for the current market price. Your annual yield to maturity will be %. (Please enter your answer with 2 decimal places and in percentage format. Do not use commas or units) Your

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