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McConnell Corporation has bonds on the market with 10 years to maturity, a YTM of 8.0 percent, a par value of $1,000, and a current

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McConnell Corporation has bonds on the market with 10 years to maturity, a YTM of 8.0 percent, a par value of $1,000, and a current price of $1,326.50. The bonds make semiannual payments. What must the coupon rate be on these bonds? Multiple Choice 25.73% 12.90% 12.80% 9.659 19.40 & Prev of 17 III Next MacBook Air

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