Question: Please explain answer Question 24 5 points Save Answer The bonds issued by United Corp. bear a coupon of 6 percent, payable semiannually. The bond

Please explain answer Please explain answer Question 24 5 points Save Answer The bonds issued

Question 24 5 points Save Answer The bonds issued by United Corp. bear a coupon of 6 percent, payable semiannually. The bond matures in 11 years and has a $1,000 face value. Currently, the bond sells at $1040. The yield to maturity (YTM) is %

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