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Suppose you purchase a Suncoast bond today for its quoted price of 122.75. It has a 13% coupon rate. $1,000 par value. The bonds were

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Suppose you purchase a Suncoast bond today for its quoted price of 122.75. It has a 13% coupon rate. $1,000 par value. The bonds were issued in 2012 with a maturity of 20 years. Interest is paid semiannually. What is the bond's yield to maturity? Assume the current year is 2021. 13.0% 9.6% 10.6% 7.8% 09.0X

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