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What is the? bond yield to? maturity

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Reference no: EM132233431

The market price is ?$775 for a 17 year bond ?($1,000 par value) that pays 9 percent annual? interest, but makes interest payments on a semiannual basis ?(4.5 percent? semiannually). What is the? bond's yield to? maturity?

Reference no: EM132233431

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