What coupon rate should xyz corp set on its bond so that it


Xyz corp is planning to issue some semiannual coupon bonds at par. Bond of other comparable firms have a current yield of 8.34%, a yield to maturity of 8.5%, and an effective annual yield of 8.67%. What coupon rate should xyz corp set on its bond so that it could be issues at par? 4.17, 8.34, 8.50 or 8.67%

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Financial Management: What coupon rate should xyz corp set on its bond so that it
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