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Dow chemical company has bonds outstanding which are priced

Dow Chemical Company has bonds outstanding which are priced at $1,273.20. These bonds carry a coupon rate of 8.85%, make semiannual payments, and mature in 11 years. Assuming the par value is $1,000, what is the annual yield to maturity (YTM) on these bonds?

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Finance Basics: Dow chemical company has bonds outstanding which are priced

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Finance Basics: Dow chemical company has bonds outstanding which are priced

Reference No:- TGS01353860

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