Question: Can you please walk me through this problem? The question is: What is the YTM of this bond? Coupon Rate of 4.346% Tax Rate of

Can you please walk me through this problem?

The question is: What is the YTM of this bond?

Coupon Rate of 4.346%

Tax Rate of 15%

Loan Amount of $1,500,000

Payment Frequency of Semi-Annual

Offering Date of 12/05/2016

First Coupon Date of 6/08/2017

Maturity Date of 9/19/2026

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