Question: Make the answers clear and precise with the workings studying for exams!! Need the answer ASAP! P7-7 Bond Yields (LO2) West Corp. issued 12-year bonds

P7-7 Bond Yields (LO2) West Corp. issued 12-year bonds 2 years ago at a coupon rate of 9.6 percent. The bonds make semiannual payments. If these bonds currently sell for 99 percent of par value, what is the YTM? Multiple Choice 8.78% 10.73% Say 4.88% 11.71% Multiple Choice 8.78% 10.73% 4.88% 11.71% 9.76%
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