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Saved HAPTER 7 QUIZ 6 McConnell Corporation has bonds on the market with 15 years to maturity, a YTM of 10.0 percent, a par value

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Saved HAPTER 7 QUIZ 6 McConnell Corporation has bonds on the market with 15 years to maturity, a YTM of 10.0 percent, a par value of $1,000, and a current price of $1,166.50. The bonds make semiannual payments. What must the coupon rate be on these bonds? Multiple Choice O 20.90% 10.43% 24.38% 12.27% 12.17% Me Graw M

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