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Xtant Corp is asking $ 5 0 0 from investors for a 1 5 - year 6 % $ 1 , 0 0 0 par

Xtant Corp is asking $

500

from investors for a

15 -

year

6 %

1, 000

par value bond with a semi

-

annual coupon. If Eve seeks a yield to maturity of at least

13 %,

would she buy this bond? Why or why not?

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