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Posted on Jul 14, 2024

hi can you please help me and explain this through formula and not financial calculator thank you in advance Intuit Software has 8% coupon bonds

hi can you please help me and explain this through formula and not financial calculator thank you in advance
Intuit Software has 8% coupon bonds on the market with 22 years to maturity. The bonds make semiannual payments and currently sell for 97. What is the current yield? The YTM? The effective annual yield

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