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Henley corporation has bonds on the market with 10.5 years to maturity a YTM of 5.7 percent a par value of $1000 and current price
Henley corporation has bonds on the market with 10.5 years to maturity a YTM of 5.7 percent a par value of $1000 and current price of $949; the bonds maek semiannual payments, what must the coupon rate be on the bonds?
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