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Business, 07.03.2020 04:49 jesussanchez1445

Annual payments, with 14 years to maturity, a par value of $1,000, and selling for $780. At this price, the bonds yield 6.2 percent. What must the coupon rate be on the bonds?

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Annual payments, with 14 years to maturity, a par value of $1,000, and selling for $780. At this pri...

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