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Business, 22.11.2021 14:00 texaslady36

Treasury bonds paying an 12.4% coupon rate with semiannual payments currently sell at par value. What coupon rate would they have to pay in order to sell at par if they paid their coupons annually

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Treasury bonds paying an 12.4% coupon rate with semiannual payments currently sell at par value. Wha...
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