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Stone Sour Corp. issued 20 -year bonds two years ago at a coupon rate of 7.1 percent. The bonds make semiannual payments. If these bonds

image text in transcribed Stone Sour Corp. issued 20 -year bonds two years ago at a coupon rate of 7.1 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM? Complete the following analysis. Do not hard code values in your answers

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