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The Pioneer Petroleum Corporation has a bond outstanding with $ 8 0 annual interest payment, a market price of $ 8 0 0 , and
The Pioneer Petroleum Corporation has a bond outstanding with
$ annual interest payment, a market price of $ and a matur
date in four years. Assume the par value of the bond is $
Find the following: Do not round intermediate calculations. Inpu
your answers as a percent rounded to decimal places.
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