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Bellamee inc has semiannual bonds outstanding with five

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Bellamee, Inc., has semiannual bonds outstanding with five years to maturity and are priced at $920.87. If the bonds have a coupon rate of 7 percent, then what is the YTM for the bonds?

9.0%

7.0%

4.5%

9.2%

Reference no: EM13478476

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