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the bonds issued by MB DESIGNS bear a 6% coupon , payable semiannually. the bonds mature in 8 years and have a 1000 face value
the bonds issued by MB DESIGNS bear a 6% coupon , payable semiannually. the bonds mature in 8 years and have a 1000 face value . currently, the bonds sell for 923. what is the yeild to marturity
A. 3.65%
b. 7.30%
c. 7.29%
d. 7.28%
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