Volbeat corporation has bonds on the market with 19 years
Volbeat Corporation has bonds on the market with 19 years to maturity, a YTM of 11.1 percent, and a current price of $937. The bonds make semi annual payments.
What must the coupon rate be on the bonds?
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volbeat corporation has bonds on the market with 19 years to maturity a ytm of 111 percent and a current price of 937
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