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The bonds issued by Greenland Printing Int. has an 8 percent coupon, payable semiannually. The bonds mature in 10 years and have a $1,000 face
The bonds issued by Greenland Printing Int. has an 8 percent coupon, payable semiannually. The bonds mature in 10 years and have a $1,000 face value. Currently, the bonds sell for $932. What is the yield to maturity? a)9.05 percent b) 8.69 percent c) 8.57 percent d)8.28 percent e) 7.89 percent
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