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Business, 12.03.2021 15:20 moss4951

Your firm is planning a 25 year bond issue. The $1000 par value bonds will pay a semi-annual coupon of $59.80. The investment bankers that you have retained for the bond issue estimate that the bonds will sell for $1,183.12. What is the rate of return that your firm is paying on the bonds

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Your firm is planning a 25 year bond issue. The $1000 par value bonds will pay a semi-annual coupon...
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