Large industries bonds sell for 112179 the bond life is 13


Large Industries bonds sell for $1,121.79. The bond life is 13 years, and the yield to maturity is 6.3%. What must be the coupon rate on the bonds? Assume coupons are paid once a year and the face value is $1,000.

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Financial Management: Large industries bonds sell for 112179 the bond life is 13
Reference No:- TGS01219023

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