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The bonds of A Ltd. are currently selling at Rs. 115. They have 11% coupon rate of interest and Rs. 100 as par value. The

The bonds of A Ltd. are currently selling at Rs. 115. They have 11% coupon rate of interest and Rs. 100 as par value. The interest is paid annually and the bonds have 18 years maturity. Compute the YTM of the bond. Compare the computed YTM with the coupon interest rate.

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