Ngata corp issued 16-year bonds 2 years ago at a coupon


Ngata Corp. issued 16-year bonds 2 years ago at a coupon rate of 9.5 percent. The bonds make semi annual payments. If these bonds currently sell for 99 percent of par value, what is the YTM?

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Financial Management: Ngata corp issued 16-year bonds 2 years ago at a coupon
Reference No:- TGS01093581

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