Question
Kiss the Sky Enterprises has bonds on the market making annual payments, with 17 years to maturity, and selling for $930. At this price, the
Kiss the Sky Enterprises has bonds on the market making annual payments, with 17 years to maturity, and selling for $930. At this price, the bonds yield 7.5 percent. What must the coupon rate be on the bonds?
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Info Business Fast Startup Guide For Beginners
Authors: Mr. Oleg Kolpakov
1st Edition
1539887685, 978-1539887683
