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SAT, 02.12.2021 03:30 emmamanny

Barbara trees holding issued a 20-year bonds 3 years ago at a coupon rate of 8. 5 percent. The bonds make semiannual payments. If these bonds currently sell for 91. 4 percent of par value, what is the yield-to-maturity (ytm)?.

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Barbara trees holding issued a 20-year bonds 3 years ago at a coupon rate of 8. 5 percent. The bonds...
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