Ngata corp issued 14-year bonds 2 years ago at a coupon


Ngata Corp. issued 14-year bonds 2 years ago at a coupon rate of 9.8 percent. The bonds make semiannual payments. If these bonds currently sell for 103 percent of par value, what is the YTM?

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Finance Basics: Ngata corp issued 14-year bonds 2 years ago at a coupon
Reference No:- TGS0600975

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