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DowDuPont Co. has bonds outstanding which are priced at $1,091.20 per bond. These bonds carry a coupon rate of 8.25%, make semiannual payments, mature in
DowDuPont Co. has bonds outstanding which are priced at $1,091.20 per bond. These bonds carry a coupon rate of 8.25%, make semiannual payments, mature in 11 years, and have a par value is $1,000. Whats the annual YTM on these bonds?
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