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West Corp. issued 18-year bonds 2 years ago at a coupon rate of 9.5 percent. The bonds make semiannual payments. If these bonds currently sell

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West Corp. issued 18-year bonds 2 years ago at a coupon rate of 9.5 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM? Multiple Choice 8.91% 0 4.45% 10.69% 8.02% 9.80%

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