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ABS Corporation identify risk with an outstanding bond issue that has an 8% coupon rate due 1 June 2032 bonds currently selling for $1091.96 with

ABS Corporation identify risk with an outstanding bond issue that has an 8% coupon rate due 1 June 2032 bonds currently selling for $1091.96 with a par value of $1000. If interest is paid semi-annually for the 2 bonds what must the coupon rate of new bonds be in order to issue to sell a par $1000.

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