Business, 30.10.2020 17:40 cupcake3103670

Andy is considering purchasing a 12-year bond that is selling for $1,300. What is the YTM for this bond if it has an 8% coupon, paid semi-annually? a. 4.63%.
b. 4.68%.
c. 4.70%.
d. 4.72%.

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Andy is considering purchasing a 12-year bond that is selling for $1,300. What is the YTM for this b...