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2 0 . Bond Yields ( LO 2 ) Airbutus Co . wants to issue new 2 0 - year bonds for some much -
Bond Yields LO Airbutus Co wants to issue new year bonds for some muchneeded expansion projects. The company currently has coupon bonds on the market that sell for $ make semiannual payments, and mature in years. What coupon rate should the company set on its new bonds if it wants them to sell at par?
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