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Cooks Creek issued $1000 par value, 17-year bonds 2 years ago at a coupon rate of 10.0 percent. The bonds make semiannual payments. If these

Cooks Creek issued $1000 par value, 17-year bonds 2 years ago at a coupon rate of 10.0 percent. The bonds make semiannual payments. If these bonds currently sell for 97 percent of par value, what is the YTM? Multiple Choice 11.64% 10.40% 11.22% 10.00%

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