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3. value: 8.33 points Heginbotham Corp. issued 10-year bonds two years ago at a coupon rate of 9 percent. The bonds make semiannual payments. If

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3. value: 8.33 points Heginbotham Corp. issued 10-year bonds two years ago at a coupon rate of 9 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) YTM % References eBook & Resources Worksheet Learning Objective: 07-02 Bond values and yields and why they fluctuate. Difficulty: Basic Section: 7.1 Bonds and Bond Valuation Check my work

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