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Business, 21.03.2020 08:25 betru12315

The Petit Chef Co. has 11.6 percent coupon bonds on the market with ten years left to maturity. The bonds make annual payments and have a par value of $1,000.

If the bonds currently sell for $1,145.68, what is the YTM?

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The Petit Chef Co. has 11.6 percent coupon bonds on the market with ten years left to maturity. The...

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