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Tony's Pizzeria plans to issue bonds with a par value of $1000 and 10 years to maturity. They will pay $40 every 6 months. The

Tony's Pizzeria plans to issue bonds with a par value of $1000 and 10 years to maturity. They will pay $40 every 6 months. The bonds will be sold for $939.99. What is their YTM? Your Answer: Answer units Previous Page Next Page Page 7 of 25

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