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Mann inc issued a 16 year bonds 2 years ago at a coupon rate of 10.20 percent. The bonds make semiannually payment. if this bonds
Mann inc issued a 16 year bonds 2 years ago at a coupon rate of 10.20 percent. The bonds make semiannually payment. if this bonds sell for 105 % of par value. what is the YTM? Assume a par value of 1000.
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