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West Corp. issued 13-year bonds 2 years ago at a coupon rate of 10.4 percent. The bonds make semiannual payments. If these bonds currently sell

West Corp. issued 13-year bonds 2 years ago at a coupon rate of 10.4 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM? Multiple Choice 10.09% 12.11% 11.10% 9.09% 05.05%

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