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Nico Corp issued bonds bearing a coupon rate of 12 %, pay coupons semiannually, have 3 years remaining to maturity and are currently priced at
Nico Corp issued bonds bearing a coupon rate of 12 %, pay coupons semiannually, have 3 years remaining to maturity and are currently priced at $940 per bond. What is the YTM?
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Financial and Management Accounting
Authors: Pauline Weetman
7th edition
1292086599, 978-1292086590
