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Vorlon, Inc. has a 15-year bond issued 6 years ago with a coupon rate of 6.75%. The bonds make annual coupon payments. If these bonds
Vorlon, Inc. has a 15-year bond issued 6 years ago with a coupon rate of 6.75%. The bonds make annual coupon payments. If these bonds currently sell for 95.5% of par value, what is the YTM?
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