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The bonds issued by Marble Designs bear a 6.5 percent coupon, payable semiannually. The bonds mature in 6 years and have a $1,000 face value.
The bonds issued by Marble Designs bear a 6.5 percent coupon, payable semiannually. The bonds mature in 6 years and have a $1,000 face value. Currently, the bonds sell for $1023. What is the yield to ...
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