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What is the current yield? What is the current market price of these bonds? Do these bonds sell at: premium, discount, or par? Neo Motor's

What is the current yield?

What is the current market price of these bonds?

Do these bonds sell at: premium, discount, or par?

Neo Motor's bonds have 15 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 6.8 percent. The bonds have a yield to maturity of 7.2 percent

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