Ashburn Company issued 14-year bonds two years ago at a coupon rate of 9.2 percent....

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Accounting

Ashburn Company issued 14-year bonds two years ago at a coupon rate of 9.2 percent. The bonds make semiannual payments. If these bonds currently sell for $1,070,
What is the YTM?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
Yield to maturity
%
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