Rolling Company bonds have a coupon rate of 4 percent, 1 4 years to maturity, and a
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Question:
Rolling Company bonds have a coupon rate of percent, years to maturity, and a current price of $ The company pays coupons semiannually.
a What is the percentage YTM
b The percentage current yield?
Note: Round your answer to four decimal places; Use a financial calculator to solve part a of this problem, and document the key sequences entered, like NPMTCF etc.
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