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7. Navy company have a $1000 face value of a bond, and its mature in 33 years. the appropriate discount rate is 8.47%. they
7. Navy company have a $1000 face value of a bond, and its mature in 33 years. the appropriate discount rate is 8.47%. they pay the interest annually. the bond sold at a price of $750. what is the bond annual coupon rate?
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Financial Accounting A Critical Approach
Authors: John Friedlan
4th edition
1259066525, 978-1259066528
