Question: 2. Choco Intl. has outstanding bonds that currently sell for $970, par value of $1,000 and 10 years left to maturity. What annual yield to

2. Choco Intl. has outstanding bonds that currently sell for $970, par value of $1,000 and 10 years left to maturity. What annual yield to maturity do their bonds promise, if the bonds carry an 8% annual coupon rate but the coupon is paid quarterly

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