Rolling company bonds have a coupon rate of 720 percent 20, Financial Management

Rolling company bonds have a coupon rate of 720 percent 20

Rolling Company bonds have a coupon rate of 7.20 percent, 20 years to maturity, and a current price of $1,246. What is the YTM? The current yield? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Omit the sign in your response.)

YTM

Current yield

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Financial Management: Rolling company bonds have a coupon rate of 720 percent 20

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Financial Management: Rolling company bonds have a coupon rate of 720 percent 20

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