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Footsteps Company has a bond outstanding with a coupon rate of 5.6 percent and annual payments. The bond currently sells for $996.38, matures in 20

Footsteps Company has a bond outstanding with a coupon rate of 5.6 percent and annual payments. The bond currently sells for $996.38, matures in 20 years, and has a par value of $1,000. What is the YTM of the bond?

Footsleps Company has a bond outstanding with a coupon rate of 5.6 percent and annual payments. The bond currently sells for 5996.38 . matures in 20 years, and has a par value of $1000. What is the YrrM of the bond

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