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A company has bonds on the market making 10% which makes annual payments, with 16 years to Whats the coupon rate be on the bonds?
A company has bonds on the market making 10% which makes annual payments, with 16 years to Whats the coupon rate be on the bonds? Par value is $1000.
A. 10.00%
B. 8.44%
C. 8.34%
D. 16.68%
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Intelligent Credit Scoring Building And Implementing Better Credit Risk Scorecards
Authors: Naeem Siddiqi
2nd Edition
978-1119279150
