X P11.9 (similar to) Question Help ed: You notice in the WSJ a bond that...
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X P11.9 (similar to) Question Help ed: You notice in the WSJ a bond that is currently selling in the market for $1,055 with a coupon of 12% and a(n) 22-year maturity. Using annual compounding, calculate the promised yield on this bond ore The bond's promised yield is % (Round to two decimal places.)
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