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Business, 16.11.2020 17:50 rebecabosca

Rhiannon Corporation has bonds on the market with 11.5 years to maturity, a YTM of 6.8 percent, a par value of $1,000, and a current price of $1,055. 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 11.5 years to maturity, a YTM of 6.8 percent, a pa...
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