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Moon Corporation has bonds making semiannual payments, with 8 years to maturity and a YTM of 7.13%. The bonds are selling for $932 on the
Moon Corporation has bonds making semiannual payments, with 8 years to maturity and a YTM of 7.13%. The bonds are selling for $932 on the market. What must the coupon rate be on the bonds?
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
