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pls solve asap Big Pear has 10,000 outstanding bonds. These bonds have a 30-year maturity and $1,000 par value. Their yield to maturity is 8%,
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Big Pear has 10,000 outstanding bonds. These bonds have a 30-year maturity and $1,000 par value. Their yield to maturity is 8%, they pay interest semiannually, and they sell at a price of $1,226.23. What is the bond's coupon interest rate? 8% 9% 10% Step by Step Solution
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