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Finance Assignment | Professional Writing

Author:
June 3rd, 2020

West Corp. issued 19-year bonds 2 years ago at a coupon rate of 9.4 percent. The bonds make semiannual payments.

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Homework For You

If these bonds currently sell for 102 percent of par value, what is the Yield to MAturity of this bond (YTM)? (assume the par value is 100) Multiple Choice 8.25% 10.08% 4,58% 9.17% O 11.00%

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