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Today, Microsoft Corporation issued a 14-year bond with a 10 percent coupon payable semi-annually. If the bond's market price is $965, the yield to maturity
Today, Microsoft Corporation issued a 14-year bond with a 10 percent coupon payable semi-annually. If the bond's market price is $965, the yield to maturity is ______. Submit your answer as a decimal rounded to 4 digits. For example, if your answer is 12.357%, submit your answer as .1236
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