Question: Week 4 Connect Homework (10 points) 0 Saved Help Save & Exit Submit Check my work 3 Parkway Void Co. issued 16-year bonds two years

 Week 4 Connect Homework (10 points) 0 Saved Help Save &

Week 4 Connect Homework (10 points) 0 Saved Help Save & Exit Submit Check my work 3 Parkway Void Co. issued 16-year bonds two years ago at a coupon rate of 8.5 percent. The bonds make semiannual payments. 1 points If these bonds currently sell for 109 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) eBook Yield to maturity % Print References

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