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Business, 19.10.2021 02:10 natalie0908

Watters Umbrella Corp. issued 15-year bonds two years ago at a coupon rate of 6.2 percent. The bonds make semiannual payments. If these bonds currently sell for 98 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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Watters Umbrella Corp. issued 15-year bonds two years ago at a coupon rate of 6.2 percent. The bonds...
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