Stone Sour Corp. issued 15-year bonds 2 years ago at a coupon rate of 7.90...
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Accounting
Stone Sour Corp. issued 15-year bonds 2 years ago at a coupon rate of 7.90 percent. The bonds make semiannual payments. If these bonds currently sell for 109 percent of par value, what is the YTM? (Round your answer to 2 decimal places. (e.g., 32.16))
YTM
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