Rolling company bonds have a coupon rate of 740 percent 21


Rolling Company bonds have a coupon rate of 7.40 percent, 21 years to maturity, and a current price of $1,156. What is the YTM? The current yield? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

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Financial Management: Rolling company bonds have a coupon rate of 740 percent 21
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