Yield to maturity of 680 percent and a current price of
Rhianna Corp. has bonds on the market with 21.5 years to maturity, a Yield To Maturity of 6.80 percent, and a current price of $1,045. The bonds make semiannual payments. What must the coupon rate be on these bonds? show work
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Yield To Maturity of 6.80 percent, and a current price of $1,045. The bonds make semiannual payments. What must the coupon rate be on these bonds?
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