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Warm-Up 9-1 (similar to) Question Help A firm raises capital by selling $28.000 worth of debt with flotation costs oqual to 2% of its par
Warm-Up 9-1 (similar to) Question Help A firm raises capital by selling $28.000 worth of debt with flotation costs oqual to 2% of its par value. If the debt matures in 10 years and has an annual coupon interest rate of 6%, what is the band's YTM? The bonds YTM in 6:21 Round to two decimal places)
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