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XYZ corporation issues today a $1,000 face value bond that has a5.40% coupon rate, pays semi-annual coupons and has 8 years tomaturity. Similar bonds are

XYZ corporation issues today a $1,000 face value bond that has a5.40% coupon rate, pays semi-annual coupons and has 8 years tomaturity. Similar bonds are trading today at a yield to maturity of11.0 2 answers

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