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McConnell Corporation has bonds on the market with 10 years to maturity, a YTM of 8.6 percent, a par value of $1,000, and a current
McConnell Corporation has bonds on the market with 10 years to maturity, a YTM of 8.6 percent, a par value of $1,000, and a current price of $1,226.50. The bonds make semlannual payments. What must the coupon rate be on these bonds? Multiple Choice 1212% 24.13% 1202% 9.80% 19.68%
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Financial Management For Nurse Managers
Authors: J. Michael Leger
5th Edition
1284230937, 9781284230932
