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> Finance: find coupon rate on bonds?
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Finance: find coupon rate on bonds?
Finance: find coupon rate on bonds?
Posted at：
2014-12-05
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Ponzi Corporation has bonds on the market with 11.5 years to maturity, a YTM of 7.20 percent, and a current price of $1,054. The bonds make semiannual payments. What must the coupon rate be on these bonds?
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