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Smithson Co.'s Class A bonds have 10 years to go until maturity. They have a $1000 face value and carry coupon rates of 8%. Approximately
Smithson Co.'s Class A bonds have 10 years to go until maturity. They have a $1000 face value and carry coupon rates of 8%. Approximately what do the bonds yield at the following prices? Assume bond coupons are paid semiannually. Round the answers to the nearest whole percentage. . $682 , $875 . $1000
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