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Question: cinqua terra incorporated issued 10year bonds three years ago with...

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Cinqua Terra Incorporated issued 10-year bonds three years ago with a coupon rate of 9.00% APR. The bonds pay semi-annual coupons, have a face value of $1,000 each and were issued at par value. Cinqua Terra bonds currently trade at $1,113.00. Given your answer to the 6-month return, what is the yield to maturity (as an APR) for holding the bond? Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Enter Answer Here...
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