Business, 04.04.2020 09:38 daniel8orange

Parkway Void Co. issued 17-year bonds two years ago at a coupon rate of 10.1 percent. The bonds make semiannual payments. If these bonds currently sell for 97 percent of par value, what is the YTM?

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Parkway Void Co. issued 17-year bonds two years ago at a coupon rate of 10.1 percent. The bonds make...