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Corporate FInace Assignment/ Professional Essay Writers

You are analyzing the after-tax cost of debt for a firm. You know that the firm’s 12-year maturity, 9.00 percent semiannual coupon bonds are selling at a price of $868.48. These bonds are the only debt outstanding for the firm.
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(a1) What is the current YTM of the bonds? (Round final answer to 2 decimal places, e.g. 15.25%.)
YTM__________.  Get Finance Help Today

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