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What is the yield you could expect on this bond

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Reference no: EM131919222

Assume that you are interested in a 6.50 percent coupon corporate bond that has ten years left to maturity. If coupon payments are semiannual, and the bond is currently selling for $975, what is the yield you could expect on this bond if you held it until it matures?

Reference no: EM131919222

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