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The P1,000 face value Ayala Company bond has a coupon of 10% (paid semi-annually), matures in 4 years, and has current price of P1,140. What

image text in transcribed The P1,000 face value Ayala Company bond has a coupon of 10\% (paid semi-annually), matures in 4 years, and has current price of P1,140. What is the bond's yield to maturity

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