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The 12 year $1000 par value bonds of waco Ind pay 8% interest annually. The mavket price of the bond is $1075 and the maket

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The 12 year $1000 par value bonds of waco Ind pay 8% interest annually. The mavket price of the bond is $1075 and the maket required yield to matuinty on a comparable-risk bond is 9%. (a) compute the bond yield of maturity. (b) Determine the value of the bind to yor given the mavket yield of maturity on a comparable risk bond. (e) Should you parchase the bind

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