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Business, 25.02.2020 02:02 Anaaguayo7406

Rhiannon Corporation has bonds on the market with 18.5 years to maturity, a YTM of 6.50 percent, and a current price of $1,048. The bonds make semiannual payments. What must the coupon rate be on these bonds

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Rhiannon Corporation has bonds on the market with 18.5 years to maturity, a YTM of 6.50 percent, and...
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