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Business, 09.11.2019 06:31 janiyanmartin07

General matter’s outstanding bond issue has a coupon rate of 10%, and it sells at a yield to maturity of 9.25%. the firm wishes to issue additional bonds to the public at face value ($1000). what coupon rate must the new bonds offer in order to sell at face value?

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General matter’s outstanding bond issue has a coupon rate of 10%, and it sells at a yield to maturit...
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