Question: A B C D E F G H - K 1 2 3 4 Stone Sour Corp. issued 20-year bonds two years ago at a

A B C D E F G H - K 1

A B C D E F G H - K 1 2 3 4 Stone Sour Corp. issued 20-year bonds two years ago at a coupon rate of 7.1 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM? 5 6 7 8 9 Settlement date Maturity date Annual coupon rate Coupons per year Face value (% of par) Bond price (% of par) 1/1/2000 1/1/2018 7.10% 2 100 105 10 11 12 13 14 15 Complete the following analysis. Do not hard code values in your answers. 16 17 18 Yield to maturity 19 20

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