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Business, 12.07.2019 21:40 bellbug08

Dma corporation has bonds on the market with 16.5 years to maturity, a ytm of 7.7 percent, and a current price of $1,065. the bonds make semiannual payments and have a par value of $1,000. what must the coupon rate be on these bonds?

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Dma corporation has bonds on the market with 16.5 years to maturity, a ytm of 7.7 percent, and a cur...
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