A bond with a maturity of 12 years sells for 1047 if the, Financial Management

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A bond with a maturity of 12 years sells for 1047 if the

A bond with a maturity of 12 years sells for $1,047. If the coupon rate is 8.2 percent, what is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

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Financial Management: A bond with a maturity of 12 years sells for 1047 if the

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Financial Management: A bond with a maturity of 12 years sells for 1047 if the

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