Question
Ashes Divide Corporation has bonds on the market with 14 years to maturity, a YTM of 8.0 percent, and a current price of $1,206.50. The
| Ashes Divide Corporation has bonds on the market with 14 years to maturity, a YTM of 8.0 percent, and a current price of $1,206.50. The bonds make semiannual payments. What must the coupon rate be on these bonds? (Do not round your intermediate calculations.) |
rev: 09_18_2012
17.41%
10.58%
8.69%
21.01%
10.48%
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The VAR Implementation Handbook
Authors: Greg Gregoriou
1st Edition
007161513X, 978-0071615136
