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Suppose that today you buy a bond with an annual coupon rate of 9 percnt for 1120. the bond has 12 years to maturity. assume

Suppose that today you buy a bond with an annual coupon rate of 9 percnt for 1120. the bond has 12 years to maturity. assume par value of 1000. assume semiannual compounding periods. what is the yeild to maturity at the time of purchase?

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