Heginbotham corp issued 20-year bonds two years ago at a
Heginbotham Corp. issued 20-year bonds two years ago at a coupon rate of 8.3 percent. The bonds make semi annual payments. If these bonds currently sell for 104 percent of par value, what is the YTM?
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a one period discount bond is priced at 9420 per 100 of face value a two period 63 coupon bond is priced at 10050 per
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