Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,962.90. The bond

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Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,962.90. The bond has a coupon rate of 6.90 percent and matures in 14 years. If the bond makes semiannual coupon payments, what is the YTM of the bond? Group of answer choices

3.53%

7.11%

6.71%

7.06%

6.36%

5.30%

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Corporate Finance

ISBN: 9781265533199

13th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Posted Date: Dec 26, 2023 11:16 PM

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Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,962.90. The bond

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Corporate Finance

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