[Solved] Union Karp Corporation issued 20-year bon

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Union Karp Corporation issued 20-year bonds 5 years ago at a coupon rate of 7.3%. The bonds make quarterly payments. The face/par value is $1,000.

Union Karp Corporation issued 20-year bonds 5 years ago at a coupon rate of 7.3%. The bonds make quarterly payments. The face/par value is $1,000. If these bonds currently sell for 112% of par value, what is the yield (YTM)?

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