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Seether Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 8 percent (APR) coupon bonds on the market
Seether Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 8 percent (APR) coupon bonds on the market that sell for $930, make semiannual payments, and mature in 20 years. The company should set a coupon rate of percent APR on its new bonds if it wants them to sell at par
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Debt Resisters Operations Manual
Authors: Strike Debt Strike Debt
1st Edition
1604866799, 978-1604866797
