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Business, 14.07.2020 01:01 nyahdrake

Rhiannon Corporation has bonds on the market with 12.5 years to maturity, a YTM of 7.3 percent, a par value of $1,000, and a current price of $1,057. 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 12.5 years to maturity, a YTM of 7.3 percent, a pa...
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