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The Blue Raider Company has a bond with a par value of $1,000 that sells for $1,148.69 The bond has a coupon rate of 8

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The Blue Raider Company has a bond with a par value of $1,000 that sells for $1,148.69 The bond has a coupon rate of 8 percent and matures in 20 years. If the bond makes annual coupon payments. what is the YTM of the bond? Round to one ploce past the decimal point Nuimenc. Response

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