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Six years ago, Amplifi Inc. issued bonds with original maturity of twenty years and an 8% annual coupon rate paid semiannually. The bonds have a
Six years ago, Amplifi Inc. issued bonds with original maturity of twenty years and an 8% annual coupon rate paid semiannually. The bonds have a par value of $1,000 and a current price of $904. What is the annual yield to maturity on the bond? 9.05% 8.94% 4.62% 9.24%
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