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Sailfish Corp has a bond issue outstanding that pays a 5 . 8 5 percent coupon and matures in 5 years. The bonds have a

 

Sailfish Corp has a bond issue outstanding that pays a 5.85 percent coupon and matures in 5 years. The bonds have a par value of $1,000 and a market price of $878.10. Interest is paid semiannually. What is the yield to maturity?


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