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(3) Post My Loan, Inc. has bonds (semiannual coupons) on the market that sell for $854, have a YTM of 9.22%, and mature in
(3) Post My Loan, Inc. has bonds (semiannual coupons) on the market that sell for $854, have a YTM of 9.22%, and mature in 8 years. What is the coupon rate of Post's bonds?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
