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Suppose you are reviewing a sheet for a bond portfolio and see the following information. These bonds have a par value of 100 and make

Suppose you are reviewing a sheet for a bond portfolio and see the following information. These bonds have a par value of 100 and make semiannual coupon payments.

Bond

Coupon rate

Number of years

Price

A

6

2

90

B

8

3

80

C

10

4

110

What is the yield to maturity of the bond portfolio based on the IRR calculation?

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