Scenario 1: 10 year bonds, originally issued with a stated rate of 8% and a...

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Finance

Scenario 1: 10 year bonds, originally issued
with a stated rate of 8% and a face value of
$1,000,000, are
currently selling @ $1,125,000 (Market Value)
after 2 years. Tax Rate = 35%.
Compute the yield to maturity (YTM).

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