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Yield to maturity; The bond shown in the following table pays interest annually. Par value-$100 Coupon interest rate-12% Years to maturity-13 Current value-$90 a. The
Yield to maturity; The bond shown in the following table pays interest annually. Par value-$100 Coupon interest rate-12% Years to maturity-13 Current value-$90 a. The yield to maturity (YTM) for the bond is - %. (Round to two decimal places.)
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