Dma corporation has bonds on the market with 215 years to


DMA Corporation has bonds on the market with 21.5 years to maturity, a YTM of 6.8 percent, and a current price of $1,045. The bonds make semiannual payments and have a par value of $1,000. What must the coupon rate be on these bonds?

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Financial Management: Dma corporation has bonds on the market with 215 years to
Reference No:- TGS01176771

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