If these bonds are the only debt outstanding for the firm


Analyzing the cost of debt for a firm. You know that the firm's 14-year maturity, 8.2 percent coupon bonds are selling at a price of $1,008.28. The bonds pay interest semiannually. If these bonds are the only debt outstanding for the firm.

What is the current YTM of the bonds?

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Finance Basics: If these bonds are the only debt outstanding for the firm
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