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y courses / PRINCIPLES OF FINANCIAL MANAGEMENT 2-1194-2 / Chapte You just purchased a $1,100 par value, 8-year, 8 percent annual coupon bond that pays

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y courses / PRINCIPLES OF FINANCIAL MANAGEMENT 2-1194-2 / Chapte You just purchased a $1,100 par value, 8-year, 8 percent annual coupon bond that pays interest on a semiannual basis. The bond sells for $920. What is the bond's nominal yield to maturity? 778688. : 77. 7O0O00. : 70. % 55 : 56 : 55

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