The market requires a yield to maturity ytm of 90 for this, Financial Accounting

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The market requires a yield to maturity ytm of 90 for this

Suppose Wolverine Steel Company wishes to issue a $100,000 bond with a maturity of 8 years to raise $80,294.

The market requires a yield to maturity (YTM) of 9.0% for this company's borrowing/debt.

How much coupon will the company have to pay every six months?

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Financial Accounting: The market requires a yield to maturity ytm of 90 for this

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Financial Accounting: The market requires a yield to maturity ytm of 90 for this

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