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. The market price of company ABC bonds is $1,250. The coupon rate on the bonds is 5%, the par value is $1000, and the
. The market price of company ABC bonds is $1,250. The coupon rate on the bonds is 5%, the par value is $1000, and the bond matures in 15 years. What is the yield to maturity on ABC's bonds? (8 pts)
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