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Using the HP17b+ financial calculator, BOND solve Skolits Corp. issued 10-year bonds 2 years ago at a coupon rate of 7.5 percent. The bonds make
Using the HP17b+ financial calculator, "BOND" solve Skolits Corp. issued 10-year bonds 2 years ago at a coupon rate of 7.5 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM?
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