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the 1 5 - year $ 1 , 0 0 0 par bonds of Vail Inc. pay 1 5 percent interest. The market's required yield
the year $ par bonds of Vail Inc. pay percent interest. The market's required yield to maturity on a comparablerisk bond is percent. The current market price for the bond is $
a determine the yield to maturity
b what is the value of the bonds to you given the yield to maturity on a comparablerisk bond?
c should you purchase the bond at the current market price?
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