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Business, 09.03.2020 23:41 TheOneandOnly003

Ed Wood, a private investor, can purchase $1,000 par value bonds for $980. The bonds have a 10 percent coupon rate, pay interest annually, and have 20 years remaining until maturity. Mr. Wood's yield to maturity is percent.

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Ed Wood, a private investor, can purchase $1,000 par value bonds for $980. The bonds have a 10 perce...
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