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Business, 24.03.2020 18:25 phillipsk5480

Lydic Corporation has bonds on the market with 13.5 years to maturity, a YTM of 7.4 percent, a par value of $1,000, and a current price of $1,059. The bonds make semiannual payments. What must the coupon rate be on these bonds

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Lydic Corporation has bonds on the market with 13.5 years to maturity, a YTM of 7.4 percent, a par v...
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