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will rate PJ Corporation bonds have a coupon rate...

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Accounting

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will rate

PJ Corporation bonds have a coupon rate of 8.63%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on January 1,2025 . What is the yield to maturity on March 4,2022 if the market price of the bonds is $1000 ? higher than 8.63% 8.63% 5.50% 6.23%

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