Question
Kiss the Sky Enterprises has bonds on the market making annual payments, with 16 years to maturity, and selling for $820. At this price, the
Kiss the Sky Enterprises has bonds on the market making annual payments, with 16 years to maturity, and selling for $820. At this price, the bonds yield 10.0 percent. What must the coupon rate be on the bonds?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
5th Edition
0910944008, 978-0910944007
