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The 1 3 year, 1 0 0 0 par value bonds of Waco industries pay 7 percent interest annually. The market price of the bond
The year, par value bonds of Waco industries pay percent interest annually. The market price of the bond is and the markets required yield to maturity on a comparable risk bond is percent.
What is the bonds yield to maturity?
What is the value of the bondto you given the market s required yieldto maturity on a comparable risk bond?
Should the bond be purchased
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