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Business, 04.03.2022 18:10 Sbeech7246

Mingming Inc. issued the bonds that bear a 7.46% coupon rate, payable semiannually. The bonds mature in 13 years. Currently, the bonds sell at par. Similar bonds in the market are yielding 7.64%. What is the yield to maturity of the bonds issued by Mingming Inc.

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Mingming Inc. issued the bonds that bear a 7.46% coupon rate, payable semiannually. The bonds mature...
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