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(Related to Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation) The 13-year $1,000 par bonds of Vail Inc. pay 11 percent interest. The market's required yield

(Related to Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation) The 13-year $1,000 par bonds of Vail Inc. pay 11 percent interest. The market's required yield to maturity on a comparable-risk bond is ...

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