Question: please solve this problem using excel. thanks Question 5. Linville Corporation issued 12-year, par $1,000 bonds ten years ago at a coupon rate of 7
Question 5. Linville Corporation issued 12-year, par $1,000 bonds ten years ago at a coupon rate of 7 percent. The bonds make semi-annual payments. If these bonds currently sell for 95 percent of par value, what is its yield to maturity (YTM)
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