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pls show steps thanks West Corporation issued 12-year bonds 2 years ago at a coupon rate of 9.6 percent. The bonds make semiannual payments. If
pls show steps thanks
West Corporation issued 12-year bonds 2 years ago at a coupon rate of 9.6 percent. The bonds make semiannual payments. If these bonds currently sell for 99 percent of par value, what is the YTM? Multiple Choice 9.76% 4.88% 11.71% 8.78% 10.73%Step by Step Solution
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