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Business, 02.12.2021 21:50 thomaskilajuwon

Draiman Corporation has bonds on the market with 18.5 years to maturity, a YTM of 6.5 percent, a par value of $1,000, and a current price of $1,048. The bonds make semiannual payments. What must the coupon rate be on these bonds

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Draiman Corporation has bonds on the market with 18.5 years to maturity, a YTM of 6.5 percent, a par...
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