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Business, 18.12.2019 22:31 momte

Hagelin co. wants to issue new 15-year bonds for some much-needed expansion projects. the company currently has 6 percent coupon bonds on the market that sell for $1,030, make semiannual payments, and mature in 15 years. both bonds have a par value of $1,000.what coupon rate should the company set on its new bonds if it wants them to sell at par?

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Hagelin co. wants to issue new 15-year bonds for some much-needed expansion projects. the company cu...
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