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Business, 24.06.2020 20:01 tinytoonjr9510

AB Builders, Inc. has 29-year bonds outstanding with a face value of $1,000 and a market price of $940. The bonds pay interest annually and have a yield to maturity of 7.24 percent. What is the coupon rate

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AB Builders, Inc. has 29-year bonds outstanding with a face value of $1,000 and a market price of $9...

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