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Question 34 (1 point) Lona-tech Solution Company issued 12-year bonds five years ago at a coupon rate of 8.50%. The bonds make semiannual payments. If

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Question 34 (1 point) Lona-tech Solution Company issued 12-year bonds five years ago at a coupon rate of 8.50%. The bonds make semiannual payments. If the bonds currently sell for $870 of par value, what is the YTM? 11.23% None of the answers is correct. 5.62% 10.12% 8.5%

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