Question: Problem 13.19 al-a3 (Part Level Submission) You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 8.50

 Problem 13.19 al-a3 (Part Level Submission) You are analyzing the after-tax

Problem 13.19 al-a3 (Part Level Submission) You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 8.50 percent semiannual coupon bonds are selling at a price of $1,120.44. These bonds are the only debt outstanding for the firm. (al) What is the current YTH of the bonds? (Round final answer to 2 decimal places, e.. 15.259.) YTM Click if you would like to show Work for this question: Open Show Work Attempts: 0 of 2 used SAVE FOR LATER SIT AWER The parts of this question must be completed in order. This part will be available when you complete the art above

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