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Radoski Corporation's noncallable bonds make an annual coupon interest payment of 8%. The bonds have a par value of $1,000 a current price of $1,130
Radoski Corporation's noncallable bonds make an annual coupon interest payment of 8%. The bonds have a par value of $1,000 a current price of $1,130 and mature in 12 years. What is the yield to maturity on these bonds?
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