Dunbar corporation has 1000 face value bonds on the market


Dunbar Corporation has $1000 face value bonds on the market with 12years to maturity, a YTM of 8%, and a current price of $1,226.08. The bonds make annual payments. What must the coupon rate be on Dunbars bonds?

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Financial Management: Dunbar corporation has 1000 face value bonds on the market
Reference No:- TGS01411473

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