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Watters Umbrella Corp. issued 15-year bond two years ago at a coupon rate of 7.8 percent. The bonds make semiannual payments. If these bonds currently
Watters Umbrella Corp. issued 15-year bond two years ago at a coupon rate of 7.8 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM? Can you show with excel formula's
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Handbook Of Project Finance For Water And Wastewater Systems
Authors: Michael Curley
1st Edition
0873714865, 978-0873714860
