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Kiss the Sky Enterprises has bonds on the market making annual payments, with 10 years to maturity, and selling for $850. At this price, the
Kiss the Sky Enterprises has bonds on the market making annual payments, with 10 years to maturity, and selling for $850. At this price, the bonds yield 7.0 percent. What must the coupon rate be on the bonds?
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Introduction To The Financial Management Of Healthcare Organizations
Authors: Michael Nowicki
7th Edition
156793904X, 9781567939040
