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Business, 29.01.2021 05:50 dakotagorski05

General matter's outstanding bond issue has a coupon rate of 11.8%, and it sells at a yield to maturity of 9.45%. The firm wishes to issue additional bonds to the public. what coupon rate must the new bonds offer in order to sell at face value?

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General matter's outstanding bond issue has a coupon rate of 11.8%, and it sells at a yield to matur...

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