Rhiannon corporation has bonds on the market with 165 years
Rhiannon Corporation has bonds on the market with 16.5 years to maturity, a YTM of 6.30 percent, and a current price of $1,036. The bonds make semiannual payments.
What must the coupon rate be on these bonds?
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rhiannon corporation has bonds on the market with 165 years to maturity a ytm of 630 percent and a current price of
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