asked 197k views
3 votes
Watters Umbrella Corp. issued 20-year bonds 2 years ago at a coupon rate of 6.2 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM

asked
User Munerz
by
8.2k points

1 Answer

4 votes

Answer:

12%

Step-by-step explanation:

the YTM of the Bond is 12 %

answered
User Rachid Finge Jr
by
7.6k points
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