Rolling company bonds have a coupon rate of 940 percent 19


Rolling Company bonds have a coupon rate of 9.40 percent, 19 years to maturity, and a current price of $1,256. What is the YTM? The current yield? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

YTM       %

Current yield      %

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Financial Management: Rolling company bonds have a coupon rate of 940 percent 19
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