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Rhiannon Corporation has bonds on the market with 19.5 years to maturity, a YTM of 6.60 percent, and a current price of $1,043. The bonds
| Rhiannon Corporation has bonds on the market with 19.5 years to maturity, a YTM of 6.60 percent, and a current price of $1,043. The bonds make semiannual payments. |
| What must the coupon rate be on these bonds? |
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
