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What is the? bond yield to? maturity

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Reference no: EM132980606

Question - The market price is ?$800 For a 9-year bond ?($1,000 par? value) that pays 11 percent annual? interest but makes interest payments on a semiannual basis ?(5.5 percent? semiannually). What is the? bond's yield to? maturity?

Reference no: EM132980606

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