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Pecording Question 12 Not yet answered Marked out of 6.00 p Flag question Botanica Incorporation has bonds with 14 years to maturity, a face value
Pecording Question 12 Not yet answered Marked out of 6.00 p Flag question Botanica Incorporation has bonds with 14 years to maturity, a face value of $1.000, a YTM of 8.2 percent and a current price of 1.132. The bonds make annual payments. What must be the coupon rate on these bonds? a. 9.82 percent O b. 7.23 percent c. 5.36 percent d. 6.89 percent e. 4.91 percent Next page Previous page
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