ladytsunade0101 ladytsunade0101
  • 20-09-2022
  • Mathematics
contestada

Qin Corp. Issued 10-year bonds 2 years ago at a coupon rate of 9 percent. The bonds
make semiannual payments. If these bonds currently sell for 102 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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