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West Corporation issued 18 -year bonds 2 years ago at a coupon rate of 10.6 percent. The bonds make semiannual payments. If these bonds currently

West Corporation issued 18 -year bonds 2 years ago at a coupon rate of 10.6 percent. The bonds make semiannual payments. If these bonds currently sell for 100 percent of par value, what is the YTM? Multiple Choice 5.30% 9.54% 11.66% 1272% 10.60%

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