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  • Aug 27, 2013, 10:22 AM
    kcoffey96
    Finance
    Trevor Price bought 10-year bonds issued by Harvest Foods five years ago for $912.37. The bonds make semiannual coupon payments at a rate of 8.4 percent. If the current price of the bonds is $1,007.33, what is the yield that Trevor would earn by selling the bonds today?

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