Barnes enterprises has bonds on the market making annual
Barnes Enterprises has bonds on the market making annual payments, with 18 years to maturity, a par value of $1,000, and a price of $960. At this price, the bonds yield 8.7 percent.
What must the coupon rate be on the bonds?
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barnes enterprises has bonds on the market making annual payments with 18 years to maturity a par value of 1000 and a
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