What must the coupon rate be on the
Kiss the Sky Enterprises has bonds on the market making annual payments, with 12 years to maturity, and selling for $880. At this price, the bonds yield 8.5 percent. What must the coupon rate be on the bonds?
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you believe that next year there is a 30 probability of a recession and 70 probability that the economy will be normal
kiss the sky enterprises has bonds on the market making annual payments with 12 years to maturity and selling for 880
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