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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please show all work1 simpkins corporation is expanding rapidly and it does not pay any dividends because it currently
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