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Watters Umbrella Corp. issued 20-year bonds 2 years ago at a coupon rate of 6.2 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM
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13 votes
13 votes
Watters Umbrella Corp. issued 20-year bonds 2 years ago at a coupon rate of 6.2 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM

User Alex Angelico
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1 Answer

5 votes
5 votes

Answer:

12%

Step-by-step explanation:

the YTM of the Bond is 12 %

User GreNodge
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3.1k points
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