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Julies Gardens issued 17-year bonds 3 years ago at a coupon rate of 8.8 percent. The bonds make semiannual payments. If these bonds currently sell
Julies Gardens issued 17-year bonds 3 years ago at a coupon rate of 8.8 percent. The bonds make semiannual payments. If these bonds currently sell for 95.6 percent of par value, what is the YTM?
Group of answer choices
9.32%
9.23%
9.91%
9.37%
9.73%
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