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please explain how to do this on a financial calculator, thank you! Lifehouse Software has 10 percent coupon bonds on the market with 7 years
please explain how to do this on a financial calculator, thank you!
Lifehouse Software has 10 percent coupon bonds on the market with 7 years to maturity. The bonds make semiannual payments and currently sell for 104 percent of par. What is the current yield on Lifehouse's bonds? The YTM? 4Step by Step Solution
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