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Watters Umbrella Corp. issued 20 year bonds 2 years ago at a coupon rate of 9 percent The bonds make semiannual payments If these bonds currently sell for 105 percent of par value what is the YTM

Watters Umbrella Corp. issued 20-year bonds 2 years ago at a coupon rate of 9 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM?
 

Apr 30 2020 View more View Less

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