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The table at the right provides information for six different bonds, the current market price ( P ) , the face value of the bond
The table at the right provides information for six different bonds, the current
market price the face value of the bond and the number of years before
the bond matures
a In each case, compute the bond's yield, assuming that you keep the bond
until it matures. There are no coupons. If is the bond's yield, then
where is the face value of the bond, is the current market price, and is the
number of years before the bond matures. Do not round until your final answer.
Round your responses to one decimal place.
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