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Rollins, Incorporated, has a 1 5 - year bond issue with a coupon rate of 4 . 5 percent that matures in 1 1 .
Rollins, Incorporated, has a year bond issue with a coupon rate of percent that matures in years. The bonds have a par value of $ and a market price of $ Interest is paid semiannually. What is the yield to maturity?
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