Ponzi corporation has bonds on the market with 105 years to
Ponzi Corporation has bonds on the market with 10.5 years to maturity, a YTM of 7.10 percent, and a current price of $1,051. The bonds make semiannual payments.
What must the coupon rate be on these bonds?
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ponzi corporation has bonds on the market with 105 years to maturity a ytm of 710 percent and a current price of 1051
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