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Homework: Lab 6 Save core: 0 of 1 pt 9 of 15 (0 complete) HW Score: 0%, 0 of 15 p Problem 6-19 Question Help
Homework: Lab 6 Save core: 0 of 1 pt 9 of 15 (0 complete) HW Score: 0%, 0 of 15 p Problem 6-19 Question Help Your company currently has 6.75% coupon-tate bonds (coupons are paid semi-annually) with ten years to maturity and a price of S1072. If you want to issue new 10-year coupon bonds at par, what coupon rate do you need to set? (Assume that for both bonds, the next coupon payment is due in exactly 6 months.) You need to set a coupon rate of % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. Clear All Check Answer All parts showing NO
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