Question: 5. 2.66 points Problem 6-7 Bond Yields ILO 2] Stein Co. issued 14-year bonds two years ago at a coupon rate of 9.2 percent. The

5. 2.66 points Problem 6-7 Bond Yields ILO 2] Stein Co. issued 14-year bonds two years ago at a coupon rate of 9.2

5. 2.66 points Problem 6-7 Bond Yields ILO 2] Stein Co. issued 14-year bonds two years ago at a coupon rate of 9.2 percent. The bonds make semiannual payments. lfthese bonds currently sell for 107 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity

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