Firm a issued 1000 par 10-year bonds the bonds sold for
Firm A issued $1,000 par 10-year bonds. The bonds sold for $907.20 and pay interest semi-annually. Investors require a rate of 8.5% on the bonds. What is the bonds' coupon rate?
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firm a issued 1000 par 10-year bonds the bonds sold for 90720 and pay interest semi-annually investors require a rate
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