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You are considering investing in a corporate bond with the following parameters: 15 years to maturity, 12% coupon paid annually, 10% YTM, and a $1,000

You are considering investing in a corporate bond with the following parameters: 15 years to maturity, 12% coupon paid annually, 10% YTM, and a $1,000 par value. What is the yield value of a 32nd of this bond?

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