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BDJ Co. wants to issue new 21-year bonds for some much-needed expansion projects. The company currently has 8.6 percent coupon bonds on the market that

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BDJ Co. wants to issue new 21-year bonds for some much-needed expansion projects. The company currently has 8.6 percent coupon bonds on the market that sell for $1126, make semiannual payments, have a $1,000 par value, and mature in 21 years. What coupon rate should the company set on its new bonds if it wants them to sell at par? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, 0.9. 32.16.) Coupon rate Consider the following Information: State of Probability of Rate of Return If State Occura toonomy State of Bonomy Stock Stock Stock Boom .18 .365 .665 .345 Good .42 .135 .115 .185 Poor .32 .025 .035 -.090 Bunt .00 -. 125 -265 -.105 Your portfolio is invested 30 percent each in A and C and 40 percent in B. What is the expected return of the portfollo? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, eg.. 32.16.) Expected return What is the vartance of this portfolio? (Do not round Intermediate calculations and round your answer to 5 decimal places, e.g.. 32.16161.) Variance What is the standard deviation of this portfolio? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32,16.) Standard deviation

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