Bond Yields Ngata SA issued 10-year bonds 2 years ago at a coupon rate of 7.5 per

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Bond Yields Ngata SA issued 10-year bonds 2 years ago at a coupon rate of 7.5 per cent. The bonds make semiannual payments. If these bonds currently sell for 105 per cent of par value, what is the YTM?

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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