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A) $35,441.88 BJ 12. McConnell Corporation has bonds on the market with 20 years to maturity, a YTM of 6.0 percent, a par value of

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A) $35,441.88 BJ 12. McConnell Corporation has bonds on the market with 20 years to maturity, a YTM of 6.0 percent, a par value of $1,000, and a current price of $1,146.50. The bonds make semiannual payments. What must the coupon rate be on these bonds

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