Question: I need help entering #7 into excel. keep getting error. do not understand. 7. Bond Yields [LO2] West Corp. issued 25-year bonds two years ago
7. Bond Yields [LO2] West Corp. issued 25-year bonds two years ago at a coupon rate of 5.3 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM? 8. Coupon Rates (LO21 McConnell Corporation has hands on the market with
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