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Business, 04.12.2019 00:31 bellaisbored202
The hot dog shack wants to raise $1.2 million by selling some coupon bonds at par. comparable bonds in the market have a 6.5 percent annual coupon, 15 years to maturity, and are selling at 97.687 percent of par. what coupon rate should the hot dog shack set on its bonds?
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The hot dog shack wants to raise $1.2 million by selling some coupon bonds at par. comparable bonds...
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