Question
Stone Sour Corp. issued 30-year bonds 8 years ago at a coupon rate of 7.70 percent. The bonds make semiannual payments. If these bonds currently
Stone Sour Corp. issued 30-year bonds 8 years ago at a coupon rate of 7.70 percent. The bonds make semiannual payments. If these bonds currently sell for 107 percent of par value, what is the YTM? (Round your answer to 2 decimal places. (e.g., 32.16))
| YTM | % |
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The Commercial Real Estate Investors Handbook
Authors: Steven D. Fisher
1st Edition
1601380372, 978-1601380371
