Tuesday
July 22, 2014

Homework Help: Finance

Posted by Serenity1 on Saturday, November 30, 2013 at 4:19pm.

Debt:

223,000 7.0 percent coupon bonds outstanding, 25 years to maturity, selling for 107 percent of par; the bonds have a $1,000 par value each and make semiannual payments.

I need help finding the YTM...

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