The bonds make semiannual payments what must the coupon
Volbeat Corporation has bonds on the market with 15 years to maturity, a YTM of 10.3 percent, and a current price of $954. The bonds make semiannual payments.
Required: What must the coupon rate be on the bonds?
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volbeat corporation has bonds on the market with 15 years to maturity a ytm of 103 percent and a current price of 954
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