Soo lee imports issued 17-year bonds 2 years ago at a


Soo Lee Imports issued 17-year bonds 2 years ago at a coupon rate of 10.3 percent. The bonds make semiannual payments. These bonds currently sell for 102 percent of par value. What is the yield-to-maturity? Show the work for a calculator.

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Finance Basics: Soo lee imports issued 17-year bonds 2 years ago at a
Reference No:- TGS0635152

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