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What is the ytm of qin corp

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Reference no: EM132791154

Qin Corp. issued 10-year bonds 2 years ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If these bonds currently sell for 102 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.)

Reference no: EM132791154

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