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Poseidon Corp. is issuing 2 0 - year, $ 1 , 0 0 0 face - value bond bonds. The bonds pay semiannual coupons at
Poseidon Corp. is issuing year, $ facevalue bond bonds. The bonds pay semiannual coupons at a annual rate, but will not be offered at par.
a If the bonds are offered for sale at $ what is their YTM
b What is the bond's YTM if they are offered for sale at $
c What is the bond's YTM if they are offered for sale at $
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