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Two years ago, Blue Ltd sold of $1000 par value that had an original maturity of 15 years and a coupon rate of 12%.
Two years ago, Blue Ltd sold of $1000 par value that had an original maturity of 15 years and a coupon rate of 12%. Today these bonds are selling for $1,120. Determine the yield-to-maturity. 7.92% 8.55% 8.44% 10.29% 9.77%
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