Question: 7 . Bond Yields [ ( triangle ) LO 2 ] Chen Corp. issued 2 5 - year bonds two years ago

7. Bond Yields [\(\triangle \) LO2] Chen Corp. issued 25-year bonds two years ago at a coupon rate of 5.6 percent. The bonds make semiannual payments. If these bonds currently sell for 92 percent of par value, what is the YTM?
7 . Bond Yields [ \ ( \ triangle \ ) LO 2 ] Chen

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