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United Air has a 6.5% coupon 15 year bond (par value = $1,000). Assume that coupon payments are semi-annual and that the current price is
United Air has a 6.5% coupon 15 year bond (par value = $1,000). Assume that coupon payments are semi-annual and that the current price is $982.55. What is the yield-to-maturity of this bond? Be sure to report on an annualized basis
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