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Tangshan Industries has issued a bond which has a $1,000 par value and a 10 percent annual coupon interest rate. The bond will mature in

Tangshan Industries has issued a bond which has a $1,000 par value and a 10 percent annual coupon interest rate. The bond will mature in ten years and currently sells for $1,350. Using this information, the yield to maturity (YTM) on the Tangshan Industries bond is 00
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Tangshan Industries has issued a bond which has a $1,000 par value and a 10 percent annual coupon interest rate. The bond will mature in ten years and currently sells for $1,350. Using this information, the yield to maturity (YTM) on the Tangshan Industries bond is

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