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The bonds issued by Bluefish Incorporated have a 7.0 percent coupon, payable semiannually. The bonds mature...

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Finance

The bonds issued by Bluefish Incorporated have a 7.0 percentcoupon, payable semiannually. The bonds mature in 10 years and havea $1,000 face value. Currently, the bonds are quoted at 98.9 (thussell for $989). What is the yield to maturity? (Ch7)

a. 4.24% b. 3.97% c. 5.08% d. 6.14% e. 7.16%

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The bonds issued by Bluefish Incorporated have a 7.0 percentcoupon, payable semiannually. The bonds mature in 10 years and havea $1,000 face value. Currently, the bonds are quoted at 98.9 (thussell for $989). What is the yield to maturity? (Ch7)a. 4.24% b. 3.97% c. 5.08% d. 6.14% e. 7.16%

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