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show working pls 4 Happy Valley Corporation has bonds on the market with 14.5 years to maturity, a YTM of 6.1%, and a current price
show working pls
4 Happy Valley Corporation has bonds on the market with 14.5 years to maturity, a YTM of 6.1%, and a current price of $1,038. The bonds make semiannual payments. What must the coupon rate be on these bonds? (Round the final answer to 2 decimal places.) Coupon rate nts eBook Print eferences %Step by Step Solution
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Financial Times Guide To Finance For Non Financial Managers
Authors: Jo Haigh
1st Edition
0273756206, 978-0273756200
