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Question 7: Bond Yields ( question 20 chapter 7) Assume bond FV $1000 Airbus Co. wants to issue new 20 year bonds for some much
Question 7: Bond Yields ( question 20 chapter 7) Assume bond FV $1000 Airbus Co. wants to issue new 20 year bonds for some much needed expansion projects. The company currently has 8% coupon bonds on the market that sell for $930, make semiannual payments and mature in 20 years. What coupon rate should the company set on its new bonds if it wants to sell at par
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