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Company A plans to issue bonds with a par value of $1000 and 20 years to maturity. They will pay $100 every 6 months. The
Company A plans to issue bonds with a par value of $1000 and 20 years to maturity. They will pay $100 every 6 months. The bonds will be sold for $939.99. What is their YTM?
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The Political Economy Of Chinese Finance
Authors: J. Jay Choi , Michael R. Powers , Xiaotian Tina Zhang
1st Edition
1785609580,1785609572
