Ashes divide corporation has bonds on the market with 12


Ashes Divide Corporation has bonds on the market with 12 years to maturity, a YTM of 6.6 percent, and a current price of $1,296.50. The bonds make semi annual payments. What must the coupon rate be on these bonds?

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Financial Management: Ashes divide corporation has bonds on the market with 12
Reference No:- TGS01160014

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