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Business, 10.11.2019 21:31 jovellabreu12

Mcconnell corporation has bonds on the market with 23.5 years to maturity, a ytm of 7 percent, a par value of $1,000, and a current price of $1,051. the bonds make semiannual payments. what must the coupon rate be on these bonds?

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Mcconnell corporation has bonds on the market with 23.5 years to maturity, a ytm of 7 percent, a par...
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