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The Brownstone Corporation bonds have 10 years remaining to maturity. Interest is paid annually; the bonds have a $ 1,000 par value; and the coupon

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The Brownstone Corporation bonds have 10 years remaining to maturity. Interest is paid annually; the bonds have a $ 1,000 par value; and the coupon interest rate is 9.4 a what is the yield to maturity at a current market price of (1) $ 895 or (2) $ 1,080 ? b b) would you pay $875 for one of these bonds if you thought that the o appropriate rate of interest was 10%- that is, if r d = 10%? Explain your

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