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Harrison Industries bonds have 5 years left to maturity. Interest is paid annually, and the...

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Finance

Harrison Industries bonds have 5 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 9%. What is the yield to maturity at a current market price of $847? Round your answer to two decimal places. % $1,163? Round your answer to two decimal places.

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