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uranmaximum [27]
4 years ago
8

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

nd have a par value of $1,000.
If the bonds currently sell for $1,145.68, what is the YTM?
Business
1 answer:
olchik [2.2K]4 years ago
6 0

Answer:

14.5

Explanation:

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