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August 28, 2014

Homework Help: corporate finance

Posted by Melli on Tuesday, September 10, 2013 at 2:03am.

Ngata Corp. issued 17-year bonds 2 years ago at a coupon rate of 9.8 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM?

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