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USING EXCEL: Level 3 has a CCC-rated corporate bond outstanding. There are 6 years remaining to maturity. The bond has a 9.125% coupon and closed
USING EXCEL: Level 3 has a CCC-rated corporate bond outstanding. There are 6 years remaining to maturity. The bond has a 9.125% coupon and closed at the price of $450. Find the bond's yield to maturity.
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