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akhaliq99

  • 2 years ago

Grohl Co. issued 12-year bonds a year ago at a coupon rate of 8.4 percent. The bonds make semiannual payments. If the YTM on these bonds is 9.8 percent, the current bond price is $ The face value of the bond is $1000 What is the YTM when you have semi-annual coupon payments?

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