Review case of the bond yields

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Question: Bond Yields. Stein Co. issued 15-year bonds two years ago at a coupon rate of 5.4 percent. The bonds make semiannual payments. If these bonds currently sell for 94 percent of par value, what is the YTM? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131731046

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