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The Florida Investment Fund buys 9 0 bonds of the Gator Corporation through a broker. The bonds pay 8 percent annual interest. The yield to
The Florida Investment Fund buys bonds of the Gator Corporation through a broker. The bonds pay percent annual interest. The yield to maturity market rate of interest is percent. The bonds have a year maturity. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.
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