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The Florida Investment Fund buys 66 bonds of the GatorCorporation through a broker. The bonds pay 12 percent annualinterest. The yield to maturity (market rate
The Florida Investment Fund buys 66 bonds of the GatorCorporation through a broker. The bonds pay 12 percent annualinterest. The yield to maturity (market rate of interest) is 16percent. The bonds 2 answers
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