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Yield to maturity. Moe's Inc. has bonds outstanding with a par value of $1000 and 10 years to maturity. These bonds pay a coupon of

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Yield to maturity. Moe's Inc. has bonds outstanding with a par value of $1000 and 10 years to maturity. These bonds pay a coupon of $45 every six months. Current market conditions are such that the bond sells for $938. Calculate the yield to maturity on the issue

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