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X Corp. has 1 8 - year bonds outstanding. These bonds, which pay interest semiannually, have a coupon rate of 1 0 . 8 0
X Corp. has year bonds outstanding. These bonds, which pay interest semiannually, have a coupon rate of percent and a yield to maturity of percent. Assuming face value of $ Current Price of the bond is $ and if called in years with a premium over par value the realized yield is If you bought one of these bonds today, what is your expected rate of return?
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