What is current yield-watters umbrella corp

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Watters Umbrella Corp. issued 12-year bonds 2-years ago at a coupon rate of 7.8 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the Yield to Maturity (YTM)? What is its Current Yield?

Reference no: EM132785542

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