Osbourne corporation has bonds on the market with 125 years


Osbourne Corporation has bonds on the market with 12.5 years to maturity, a YTM of 9.8 percent, and a current price of $949. The bonds make semiannual payments. What must the coupon rate be on the bonds?

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Finance Basics: Osbourne corporation has bonds on the market with 125 years
Reference No:- TGS0614966

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