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Homework answers / question archive / XYZ corporation issued 20 year maturity bond, one year ago with 6 percent coupon paid semiannually

XYZ corporation issued 20 year maturity bond, one year ago with 6 percent coupon paid semiannually

Finance

XYZ corporation issued 20 year maturity bond, one year ago with 6 percent coupon paid semiannually. The bonds is currently selling for 97 percent of par. What is the current yield on these bonds? The YTM? The effective annual yield? 

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