If the bonds are offered at a discounted price of 980 what, Financial Management

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If the bonds are offered at a discounted price of 980 what

Pandora Media plans to issue original issue discount (OID) bonds with a 20-year maturity, $1,000 par value, and initial yield to maturity of 8%. Since these bonds are Issued below par, the total yield will come from both annual coupon payments and appreciation. If the bonds are offered at a discounted price of $980, what is their nominal coupon rate? That is, at this price, what coupon rate will result in a yield to maturity of 896?

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Financial Management: If the bonds are offered at a discounted price of 980 what

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Financial Management: If the bonds are offered at a discounted price of 980 what

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Q : If the bonds are offered at a discounted price of 980 what