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Use the following information for questions 13 to 20. NOTE: QUESTIONS ON CURRENT YIELD (Q13) AND CAPITAL GAINS YIELD (Q16) SHOULD BE IGNORED AS THEY

Use the following information for questions 13 to 20. NOTE: QUESTIONS ON CURRENT YIELD (Q13) AND CAPITAL GAINS YIELD (Q16) SHOULD BE IGNORED AS THEY ARE PART OF THE ADVANCED MATERIALS THAT ARE INCLUDED ONLY FOR COMPLETENESS AND WILL NOT BE INCLUDED ON THE EXAM. Bending Inc. has a bond outstanding that makes semiannual coupon payments is selling at 105 percent of par. The coupon rate is 9 percent and the bond has 12 years to maturity

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