Stone sour corp issued 10-year bonds 2 years ago at a


Stone Sour Corp. issued 10-year bonds 2 years ago at a coupon rate of 7.20 percent. The bonds make semi annual payments. If these bonds currently sell for 102 percent of par value, what is the YTM? (Round your answer to 2 decimal places. (e.g., 32.16))

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Financial Management: Stone sour corp issued 10-year bonds 2 years ago at a
Reference No:- TGS01211795

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