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Question 13 (2 points) Keenan Industries has a bond outstanding with 15 years to maturity, an 8.25% semiannual coupon, and a $1,000 par value. The
Question 13 (2 points) Keenan Industries has a bond outstanding with 15 years to maturity, an 8.25% semiannual coupon, and a $1,000 par value. The price of the bond is $1,166. What is the yield to maturity of this bond? 6.50% 7.08% 3.54% 3.25%
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