Business, 14.04.2020 22:14 pattydixon6

BDJ Co. wants to issue new 19-year bonds for some much-needed expansion projects. The company currently has 10.3 percent coupon bonds on the market that sell for $1,143, make semiannual payments, have a par value of $1,000, and mature in 19 years. What coupon rate should the company set on its new bonds if it wants them to sell at pa

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BDJ Co. wants to issue new 19-year bonds for some much-needed expansion projects. The company curren...

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