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Two years ago this company issued a 10-year bond for 50

Please find the Yield to maturity given the following data:

Two years ago, this company issued a 10-year bond for $50 million face value. Each $1,000 par bond carries a coupon of 6.5%. The bond pays interest semi-annually and is currently trading in the market at 102.50 as a percent of par. Tax rate is 34%

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Finance Basics: Two years ago this company issued a 10-year bond for 50

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Finance Basics: Two years ago this company issued a 10-year bond for 50

Reference No:- TGS02255870

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