Heginbotham Corp. issued 10-year bonds two years ago at a coupon
rate of 9 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. Enter your answer
as a percent rounded to 2 decimal places, e.g., 32.16.
YMT _____%
Grohl Co. issued 8-year bonds a year ago at a coupon rate of 11
percent. The bonds make semiannual payments. If the YTM on these...