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If these bonds currently sell for 97 percent of par value, the YTM is ?

01 / 10 / 2021 Research Papers

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YTM 1 answer below » Two years ago, Ngata Corp. issued bonds scheduled to mature 18-years after being issued. The bonds have a coupon rate of 10.6 percent. The bonds make semiannual
payments and a coupon was just paid. If these bonds currently sell for 97 percent of par value, the YTM is ? Jan 10 2014 09:47 AM



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