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The arnold national bank has a bond portfolio that consists

The Arnold National Bank has a bond portfolio that consists of bonds with 5 years to maturity and a 9% coupon rate. These bonds are selling in the market for $1126. Coupon payments are made annually on this bond. What is the yield to maturity on these bonds?

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Financial Management: The arnold national bank has a bond portfolio that consists

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Financial Management: The arnold national bank has a bond portfolio that consists

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