Happy Days Medical Devices has a bond outstanding that has an 8 percent coupon rate and a

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Happy Days Medical Devices has a bond outstanding that has an 8 percent coupon rate and a market price of $912.35. If the bond matures in 15 years and interest is paid semiannually, what is the YTM?

a. 4.54%

b. 9.08%

c. 9.29%

d. 9.47%

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Corporate Finance Demystified By T Adair

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Authors: T Adair

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Question Posted: May 31, 2024 10:09 AM

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Happy Days Medical Devices has a bond outstanding that has an 8 percent coupon rate and a

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Corporate Finance Demystified By T Adair

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