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Footsteps Co has a bond outstanding with a coupon rate of 5.4 percent and annual payments. The bond currently sells for $100749. matures in 18 years, and has a par value of $1000. What is the YTM of

Footsteps Co has a bond outstanding with a coupon rate of 5.4 percent and annual payments. The bond currently sells for $100749. matures in 18 years, and has a par value of $1000. What is the YTM of the bond?

Apr 16 2021 View more View Less

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