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Yield To Maturity Three years ago A LLC and B LLCissued 1 5 year bonds. These bonds offer an annual 6 . 7 5 percent

Yield To Maturity

Three years ago A LLC and B LLCissued

15

year bonds. These bonds offer an annual

6.75

percent coupon rate, make semiannual payments and currently selling at

97.8

percent of face value. What's the yield to maturity?

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