The bonds make semiannual payments what must the coupon
A corporation has bonds on the market with 10.5 years to maturity, a YTM of 6.2 percent, a par value of 1,000, and a current price of $945. The bonds make semiannual payments. What must the coupon rate be on the bonds?
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problemnewman hitchcock is 38 years old today and he wishes to accumulate 501000 by his 61st birthday so he can retire
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