Ashes divide corporation has bonds on the market with 13


Ashes Divide Corporation has bonds on the market with 13 years to maturity, a YTM of 9.0 percent, and a current price of $1,296.50. The bonds make semiannual payments. What must the coupon rate be on these bonds?

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Finance Basics: Ashes divide corporation has bonds on the market with 13
Reference No:- TGS0600950

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