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PLEASE HELP ASAP! ABC Co. has a bond outstanding with a coupon rate of 8 percent and annual payments. The bond currently selis for $968.17.
PLEASE HELP ASAP!
ABC Co. has a bond outstanding with a coupon rate of 8 percent and annual payments. The bond currently selis for $968.17. matures in 20 years, and has a par value of $1,000. What is the YTM of the bond? 7.53% 8.33% 7.98% 7.85% Step by Step Solution
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