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What must the coupon rate be on these bonds?

01 / 10 / 2021 Research Papers

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find coupon rate 2 answers below » Arona company has bonds on the market with 19.5 years to maturity, a YTM of 11.9 percent, and a current price of $789.4. The bonds make
semiannual payments. Required: What must the coupon rate be on these bonds? Jan 18 2014 02:58 AM



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