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What is the market interest rate or YTM of the following JC Penny bond (face value=1,000, coupon paid semiannually) as reported by FINRA? (Assume today

What is the market interest rate or YTM of the following JC Penny bond (face value=1,000,

coupon paid semiannually) as reported by FINRA? (Assume today is Mar 2, 2019)

Bond Symbol -JCPenny JCP

Coupon - 9.500%

Maturity- Mar 2, 2027

Last Sale Price - 1,062.50

Please show work and formulas for a better understanding (no excel) if possible, please show TVM keys work as well. That would really help.

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