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Business, 26.02.2021 05:00 hannah2757

Big Canyon Enterprises has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a price of $967. At this price, the bonds yield 7.9 percent. What must the coupon rate be on the bonds

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Big Canyon Enterprises has bonds on the market making annual payments, with 14 years to maturity, a...

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