Seether co. Wants to issue new 18 year bonds for some much needed expansion projects. The company

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Seether co. Wants to issue new 18 year bonds for some much needed expansion projects. The company currently has 7.4 percent coupon bonds on the market that sell for $663.72, make semiannual payments, and mature in 18 years. What coupon rate should the company set o it's new bonds if it wants them to sell at par?

Posted Date: May 18, 2024 10:01 AM

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Seether co. Wants to issue new 18 year bonds for some much needed expansion projects. The company

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