Volbeat corporation has bonds on the market with 16 years
Volbeat Corporation has bonds on the market with 16 years to maturity, a YTM of 10.5 percent, and a current price of $943. The bonds make semi-annual payments.
What must the coupon rate be on the bonds?
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volbeat corporation has bonds on the market with 16 years to maturity a ytm of 105 percent and a current price of 943
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