Fifteen years ago namson and co issued 25-year coupon bonds, Ask an Expert

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Fifteen years ago, Namson and Co. issued 25-year coupon bonds. The yield to maturity at the time of issuance was 10 percent and the bonds sold at 120% of par value. The bonds are currently selling at 85% of par value. What is the current yield to maturity for these bonds?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91608322

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