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7. Omni Corp issued one hundred $1,000 face value bonds. This bond's current market value of $835.60 will give a YTM of 7%. Interest payments

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7. Omni Corp issued one hundred $1,000 face value bonds. This bond's current market value of $835.60 will give a YTM of 7%. Interest payments are made every six months. The bonds mature in 8 years. What is the coupon rate of these bonds? A hond bae 12 are to maturity and current price of $1 260 The Unrate is 90% paid

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