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QUESTION
Watters umbrella corp. issued 15-year bonds 2 years ago at a coupon rate of 5.9 percent. the bonds make semiannual payments. if these bonds currently sell for 105 percent of par value, what is the ytm
Watters umbrella corp. issued 15-year bonds 2 years ago at a coupon rate of 5.9 percent. the bonds make semiannual payments. if these bonds currently sell for 105 percent of par value, what is the ytm?
