Hollin corporation has bonds on the market with 185 years
Hollin Corporation has bonds on the market with 18.5 years to maturity, a YTM of 6.5 percent, and a current price of $1,048. The bonds make semiannual payments. What must the coupon rate be on these bonds? Step by step please.
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hollin corporation has bonds on the market with 185 years to maturity a ytm of 65 percent and a current price of 1048
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