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Dma corporation has bonds on the market with 145 years to

Question: DMA Corporation has bonds on the market with 14.5 years to maturity, a YTM of 5.3 percent, a par value of $1000, and a current price of $965. The bonds make semi-annual payments. What must the coupon rate be on these bonds? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Dma corporation has bonds on the market with 145 years to

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Finance Basics: Dma corporation has bonds on the market with 145 years to

Reference No:- TGS02763259

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