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Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below. Bond Coupon Rate Price Quote
| Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below. |
| Bond | Coupon Rate | Price Quote | Maturity | Face Value |
| 1 | 8.90% | 105.4 | 3 years | $24,000,000 |
| 2 | 6.60 | 95.0 | 6 years | 44,000,000 |
| 3 | 8.60 | 104.2 | 13.5 years | 49,000,000 |
| 4 | 9.10 | 106.1 | 23 years | 64,000,000 |
What is the YTM of each of the company's bonds?
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Capital Budgeting
Authors: Pamela P. Peterson
1st Edition
0471218332, 9780471218333
