Business, 26.03.2020 05:22 nisazaheer
McConnell Corporation has bonds on the market with 15.5 years to maturity, a YTM of 6.2 percent, a par value of $1,000, and a current price of $1,039. The bonds make semiannual payments.
What must the coupon rate be on these bonds?
Answers: 2
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McConnell Corporation has bonds on the market with 15.5 years to maturity, a YTM of 6.2 percent, a p...
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