In November 2 0 1 0 , Hammer Technologies issued a series of 7 % , 3

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Question:

In November

2010,

Hammer Technologies issued a series of

7 %, 30 -

year semi

-

annual coupon bonds. Interest rates decreased in subsequent years and by November

2020,

the price of the bonds had increased to $

1, 140 .

Calculate the yield

-

-

maturity

(

YTM

)

in November,

2020 ?

Posted Date: May 19, 2024 12:11 AM

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In November 2 0 1 0 , Hammer Technologies issued a series of 7 % , 3

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