Problem regarding the current yield on joshua bonds

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Joshua Corp. has 10% coupon bonds on the market with 8 years to maturity. The bonds make semi-annual payments and currently sell for 107 percent of par. What is the Yield-to-Maturity (YTM) and current yield on Joshua's bonds?

Reference no: EM131021132

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Problem regarding the current yield on joshua bonds : Joshua Corp. has 10% coupon bonds on the market with 8 years to maturity. The bonds make semi-annual payments and currently sell for 107 percent of par. What is the Yield-to-Maturity (YTM) and current yield on Joshua's bonds?

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