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Bryceton, Inc has bonds on the market... Bryceton, Inc. has bonds on the market with 27 years to maturity, a yield-to-maturity of 12 percent, and

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Bryceton, Inc has bonds on the market...

Bryceton, Inc. has bonds on the market with 27 years to maturity, a yield-to-maturity of 12 percent, and a current price of $950.50. The bonds make semiannual payments. What is the coupon rate

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