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QUESTION

Go to Morningstar.com to download a set of bonds issued by your chosen firm (8-10; if there are fewer than 10 issued, then all of the outstanding...

Go to Morningstar.com to download a set of bonds issued by your chosen firm (8–10; if there are fewer than 10 issued, then all of the outstanding bonds). Based on the bonds’ current YTM, calculate the average current yield.

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