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18. What is the yield to maturity of a $1,080 par value bond with a coupon rate of 9.5% (semi-annual coupon payments) that matures in 28 years assuming the bond is currently selling for $838.13?

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18. What is the yield to maturity of a $1,080 par value bond with a coupon rate of 9.5% (semi-annual
coupon payments) that matures in 28 years assuming the bond is currently selling for $838.13?

 
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