You are analyzing the cost of debt for a firm. You know that the firm's...
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You are analyzing the cost of debt for a firm. You know that the firm's 14 -year maturity, 7.4 percent coupon bonds are selling at a price of $831.00. The bonds pay interest semiannually. If these bonds are the only debt outstandingranswer the following questions. Problem 13.17a1a2(a1) What is the current YTM of the bonds? (Round intermediate calculotions to 4 decimal ploces, eg. 1.2514 and final answer to 0 decimal places, es. 15\%) Current YTM for the bands % eTextbook and Media Attempts: 0 of 3 used Problem 13.17 a1-a2(a2) The parts of this question must be completed in order. This part will be available when you complete the part above
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