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West Corp. just issued 25 -year bonds at a coupon rate of 5.2 percent. The bonds make semiannual payments. If these bonds currently sell for
West Corp. just issued 25 -year bonds at a coupon rate of 5.2 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of the par value, what is the yield-to-maturity (YTM) as in APR? Answer: __-_ ? \% Question 15 1 pts When the yield increases, a bond's price will ... A.increase B.not change C.decrease
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