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Moon inc plans to issue new bonds but is uncertain how the market would set the yield to maturity. The bonds would be 20 year to maturity, carry 9.56 percent annual coupon, and have a $1000 pay value. Moon inc has determined that these bonds would sell for $1090.56 each. What is the yield to maturity fir these bonds, Please show work a.14.31 b.9.25 c.8.6 d.7.93

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91267913

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