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Suppose a 12 percent, $1,000 bond with 7 years left to maturity is selling for $1,208.25. What is the - Y.TM, assuming the interest is

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Suppose a 12 percent, $1,000 bond with 7 years left to maturity is selling for $1,208.25. What is the - Y.TM, assuming the interest is paid annually

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