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The ADT Corp. issues a 12 percent coupon bond with 26 years maturity and $1,000 face (par) value. If the current market price of this

The ADT Corp. issues a 12 percent coupon bond with 26 years maturity and $1,000 face (par) value. If the current market price of this bond is $1228, find its yield to maturity. 6.85% 9.59% none of the answers is correct 10.54% 6.27%

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