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value 10.00 points Heginbotham Corp. issued 20-year bonds two years ago at a coupon rate of 8 percent. The bonds make semiannual payments. If these

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value 10.00 points Heginbotham Corp. issued 20-year bonds two years ago at a coupon rate of 8 percent. The bonds make semiannual payments. If these bonds currently sell for 110 percent of par value, what is the YTM? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) YTM ReferenceseBook&Resources Learning Objective: 07-02 Bond values and yields and why they fluctuate Worksheet Difficulty: Basic Section: 7 1 Bonds and Bond Valuation Check my work

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