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footsteps company has a bond outstanding with a coupon rate of 5 . 8 perfent and annual payments. the bond currently sells for $ 9

footsteps company has a bond outstanding with a coupon rate of

5.8

perfent and annual payments. the bond currently sells for $

931.90,

matures in

14

years, and has a par valur of $

1, 000 .

what is the YTM of the bond?

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