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Return to que Bonds issued by the Coleman Manufacturing Company have a par value of $1000, which is also the amount of principal to be

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Return to que Bonds issued by the Coleman Manufacturing Company have a par value of $1000, which is also the amount of principal to be paid at maturity. The bonds are currently selling for $620. They have 10 years to maturity Annual interest is 8 percent ($80). paid semiannually Compute the yield to maturity (Round the final answer to 2 decimal places.) Yield to maturity 15.64 96

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