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5.7 Neverwho Co. has 7 percent coupon bonds on the market with fourteen years left to maturity. The bonds make annual payments. If the bond

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5.7 Neverwho Co. has 7 percent coupon bonds on the market with fourteen years left to maturity. The bonds make annual payments. If the bond currently sells for $668.59, is the YTM 8%, 10%, or 12%? 5.8 BDJ Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 10 percent coupon bonds on the market that sell for $1,012.13, make semiannual payments, mature in 20 years, and have a YTM of 9.86%. Wha ve a YTM of 9.86%. What coupon rate should the company set on its new bonds if it wants them to sell at par

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