Sopranorsquos spaghetti factory issued 29-year bonds two, Ask an Expert

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Soprano’s Spaghetti Factory issued 29-year bonds two years ago at a coupon rate of 8.10 percent. If these bonds currently sell for 79.00 percent of par value, what is the YTM? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

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Category:- Financial Management
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